18)

Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $95.

Limit Buy Orders			Limit Sell Orders
Price	Shares		Price	Shares
$94.75	800		$94.80	120
94.70	1,100		94.85	120
94.65	800		94.90	200
94.60	200		94.95	120
93.65	900

a. If a market buy order for 120 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?