Business, 24.06.2020 18:01, morganturgeon29

Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $50.Limit Buy Orders Limit Sell OrdersPrice Shares Price Shares$49.75 500 $49.80 10049.70 900 49.85 10049.65 700 49.90 30049.60 400 49.95 10048.65 600 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?1. Increase2. Decrease

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Consider the following limit order book for a share of stock. The last trade in the stock occurred a...