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Consider this limited-order book of a market marker/dealer: Bid Ask Price ($) Shares Price ($) Shares 49.750 500 50.250 100 49.500 800 51.500 100 49.250

Consider this limited-order book of a market marker/dealer:

Bid

Ask

Price ($)

Shares

Price ($)

Shares

49.750

500

50.250

100

49.500

800

51.500

100

49.250

500

54.750

300

49.000

200

58.250

100

48.500

600

If you place a market sell order for 2000 shares, at what average price will it be filled?

a). $49.25

b). $49.75

c). $51.55

d). $49.45

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