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Consider the following limit - order book for FinTrade stock. The last trade in the stock occurred at a price of $ 6 2 .
Consider the following limitorder book for FinTrade stock. The last trade in the stock occurred at a price of $
tabletableLimit BuyOrderstableLimit SellOrdersPriceShares,Price,Shares$$
a If a market buy order for shares comes in at what price will it be filled? Round your answer to decimal places.
Price
b At what price would the next market buy order be filled? Round your answer to decimal places.
Price
c If you were a security dealer, would you want to increase or decrease your inventory of this stock?
Increase
Decrease
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