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Consider the following limit-order book for a share of stock. The last trade in the stock occurred at a price of $50. If a market
Consider the following limit-order book for a share of stock. The last trade in the stock occurred at a price of $50. If a market buy order for 100 shares comes in, at what price will it be filled? (Round your answer to 2 decimal places. Omit the sign in your response.) Price $ At what price would the next market buy order be filled? (Round your answer to 2 decimal places. omit the $ sign in your response.) Price $ If you were a security dealer, would you want to increase or decrease your inventory of this stock? Increase Decrease
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