QUESTION 4 The state of the book at 10:59am is: Trader Sequence Irina 5 Gina 2 Esteban 1 Alice 3 Sell Dmitri 14 Price 15.30 15.20 15.10 15.09 15.08 Quantity 11,000 500 100 200 300 3 4 5 |Buy Bruce 2 15.05 |400 Hans 1 15.03 300 Cho 15.02 200 Frank 15.00 300 ling 14.52 12,000 At 11:00am Peter submits an order: Sell 500 shares, limit 15.05, 10C. What's the best bid and offer (BBO) after Peter's order is submitted? a. The market is 15.05 bid for 400 shares, 300 shares offered at 15.08. O b. The market is 15.05 bid for 400 shares, 700 shares offered at 15.08. The market is 15.03 bid for 300 shares, 300 shares offered at 15.08. O d. None of the above