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Suppose that a limit order to sell 175 shares at $15.58 is followed by a market order to sell 50 shares. After these orders, what is the missing number (????) in the revised table below? (Enter your answer as a whole number without commas or decimals, e.g. 123.)

Suppose that a limit order to sell 175 shares at $15.58 is followed by a market order to sell 50 shares. After these orders, what is the missing number (????) in the revised table below? (Enter your answer as a whole number without commas or decimals, e.g. 123.)

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The following table shows the order book for a particular stock: Buy Sell Price Shares Price Shares $15.58 100 $15.60 200 $15.55 250 $15.62 300 $15.53 200 $15.64 200 $15.51 100 $15.66 100 Suppose that a limit order to sell 175 shares at $15.58 is followed by a market order to sell 50 shares. After these orders, what is the missing number (????) in the revised table below? (Enter your answer as a whole number without commas or decimals, e.g. 123.) Buy Price Shares $15.55 ???? $15.53 200 $15.51 100
Transcribed Image Text:The following table shows the order book for a particular stock: Buy Sell Price Shares Price Shares $15.58 100 $15.60 200 $15.55 250 $15.62 300 $15.53 200 $15.64 200 $15.51 100 $15.66 100 Suppose that a limit order to sell 175 shares at $15.58 is followed by a market order to sell 50 shares. After these orders, what is the missing number (????) in the revised table below? (Enter your answer as a whole number without commas or decimals, e.g. 123.) Buy Price Shares $15.55 ???? $15.53 200 $15.51 100
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