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9. Consider the following limit-order book of a market maker. The last trade in the stock took place at a price of 550. a. If
9. Consider the following limit-order book of a market maker. The last trade in the stock took place at a price of 550. a. If a market-buy order for 100 shares comes in, at what price will it be filled? b. At what price would the next market-buy order be filled? c. If you were the specialist, would you desire to increase or decrease your inventory of this stock
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