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Consider the following limit order book for FinTrade stock. The last trade in the stock occurred at a price of $ 1 4 0 .

Consider the following limit order book for FinTrade stock. The last trade in the stock occurred at a price of $140.
Limit Buy Orders Limit Sell Orders
Price Shares Price Shares
$ 139.75700 $ 139.80125
139.701,000139.85125
139.65700139.90350
139.60200139.95125
138.65800
Required:
a. If a market buy order for 125 shares comes in, at what price will it be filled? (Round your answer to 2 decimal places.)
b. At what price would the following market buy order be filled? (Round your answer to 2 decimal places.)
c. If you were a security dealer, would you want to increase or decrease your inventory of this stock?
multiple choice
Increase
Decrease

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