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Consider the following limit - order book for FinTrade stock. The last trade in the stock occurred at a price of $ 9 1 .
Consider the following limitorder book for FinTrade stock. The last trade in the stock occurred at a price of $
Limit Buy Orders Limit Sell Orders
Price Shares Price Shares
$ $
Required:
If a market buy order for shares comes in at what price will it be filled?
At what price would the next market buy order be filled?
If you were a security dealer, would you want to increase or decrease your inventory of this stock?
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