Question 19Consider the following limit order book. Suppose you place a market order to buy 1500 shares ofthis stock. What would be your average purchasing price?Round your answer to 2 decimal places. For example if your answer is 0.666, then please write down0.67.price50.0950.0450.0049.9849.921orders to buy3005000orders to sell45002500700

In the stock market, a limit order indicates that there are buy and sell orders for a particular…

Answered: Question 19 Consider the following…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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