Consider the following limit order book for a share of stock.
The last trade in the stock occurred at a price of $105.
Limit Buy Orders
Limit Sell Orders
If a market buy order for 150 shares comes in, at what price
will it be filled? (Round your answer to 2 decimal
|b.||At what price would the next|
market buy order be filled? (Round your answer to 2 decimal
|Next best price||$|
|c.||If you were a security dealer,|
would you want to increase or decrease your inventory of this
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