majj979
majj979
27.09.2019 • 
Business

Consider the following limit order book for a share of stock. the last trade in the stock occurred at a price of $75. limit buy orders limit sell orders price shares price shares $74.75 500 $74.80 100 74.70 800 74.85 100 74.65 500 74.90 100 74.60 200 74.95 100 73.65 600 a. if a market buy order for 100 shares comes in, at what price will it be filled? (round your answer to 2 decimal places.) b. at what price would the next market buy order be filled? (round your answer to 2 decimal places.) c. if you were a security dealer, would you want to increase or decrease your inventory of this stock? increase decrease

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