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Consider the following limit order book of a specialist. The last trade in the stock oceurred at a price of 47.80 . Astume this represents

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Consider the following limit order book of a specialist. The last trade in the stock oceurred at a price of 47.80 . Astume this represents the entire avaitable market for this securfty. B pots Specialists (market makers) willing to buy at the BID or SELL at the asking prices, respectively: You place a market SELL order and are filled for 500 shares. Assuming no additional changes to the shares at the bid/ask, at what price would you be filled for another market SELL order for 500 shares? 47.60 47.85 48.29 47.70 47.75

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