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don't have to show work Use the following information about the specialist's limit-order book for questions 3-5: the current bid/ask spread is $28.87 / 29.12.

don't have to show work
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Use the following information about the specialist's limit-order book for questions 3-5: the current bid/ask spread is $28.87 / 29.12. Limit-Buy Orders Limit-Sell Orders Price #shares Price #shares $28.75 900 29.25 100 28.62 700 29.37 100 28.50 800 29.50 100 29.75 100 30.12 100 3. If a market buy order for 100 shares comes in, it will be filled at O $29.25 O $29.12 O $28.87 O $29.00 4. If a market buy order for 300 shares comes in, subsequent to the buy order in the question above, and the specialist sells only 100 shares, the third round lot will be filled at O $29.37 O $29.75 O $29.25 O $29.12 5. Given the specialist's book and assuming random order-flow, if the price of this stock moves rapidly, it is likely to and thus the specialist wants to inventory in the stock. O increase, decrease decrease increase increase, increase decrease, decrease

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