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Before the arrival of a market order, a firm has the following limit orders standing on its book: Price $ 49.75 49.50 49.25 49.00 48.50

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Before the arrival of a market order, a firm has the following limit orders standing on its book: Price $ 49.75 49.50 49.25 49.00 48.50 48.25 Limit Buy Order 500 800 500 200 600 100 Price $ 50.50 51.25 54.75 58.25 59.25 60.00 Limit Sell Order 100 100 300 100 200 300 The last trade of the stock occurred at a price of $50.25. If a market buy order for 200 shares comes in, at what price will it be filled? At what price would the next market buy order be filled? What is the average price for this trade? If you were currently holding shares of this stock, would you want to increase or reduce the number of shares you hold for this stock? Why? (maximum 180 words)

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