A continuous auction starts with an empty order book. The market opens and the following sequence of orders arrives: 10:00am Buy 2, limit 10 10:01am Buy 3, limit 11 10:20am Sell 2, limit 12 10:23am Sell 2, limit 9 10:32am Buy 4, limit 12 10:50am Sell 3, limit 10 What total volume would trade?

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A: Information Provided: Bond maturity = 14 years Yield = 7.5% Par value = $1000 Price = $1108.60

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A:

Q: A continuous auction starts with an empty order book. The market opens and the following sequence of…

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