Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $100.

Limit Buy Orders			Limit Sell Orders
Price	Shares		Price	Shares
$99.75	500		$99.80	100
99.70	800		99.85	100
99.65	500		99.90	100
99.60	200		99.95	100
98.65	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.)

Best price _____

b. At what price would the next market buy order be filled? (Round your answer to 2 decimal places.)

Next best price____

c. If you were a security dealer, would you want to increase or decrease your inventory of this stock?

• Increase or Decrease