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		$95.25	120
94.50	1,100		96.50	120
94.25	800		99.75	200
94.00	200		103.25	120
93.50	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.)

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
	Decrease