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Problem 3 . 4 ( a ) Consider the following limit order book for a share of stock. The last trade in the stock occurred
Problem a
Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $
tableLimit Buy Orders,Limit Sell OrdersPriceShares,Price,,Shares$$
If a market buy order for shares comes in at what price will it be filled? Round your answer to decimal places.
After the first market, buy order for shares is filled at what price would the next market by order for the same number of shares be filled? round your answer to Decimal places
If you were a security dealer, would you want to increase your inventory for the stock? yes or no
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