Consider the following limit-order book for a share of stock. The last trade in the stock occurred at a price of $52. Limit Buy Orders Limit Sell Orders Price Shares Price Shares $ 51.75 500 $ 52.25 100.00 51.50 300 52.50 100.00 51.25 500 55.75 300.00 51.00 200 59.25 100.00 50.50 600 a. If a market buy order for 100 shares comes in, at what price will it be filled?

$52.25

Explanation:

From the question given, thus saying if a market buy order for 100 shares comes in, at what price will it be filled.

(a) The price it will be filled is at  $52.25

The Reason is that,the buy-market order will be filled at the price $52.25, the best value price of the sell limit orders in the book.

if you use only 25 for your entertainment and only 200 for the groceries that you really need and take out the 50 per month for the computer then that should be enough

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