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QUESTION 4 Titan Inc. common stock currently trades in a dealer market that has five dealers. Assume that dealers are identical (same costs, same trading

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QUESTION 4 Titan Inc. common stock currently trades in a dealer market that has five dealers. Assume that dealers are identical (same costs, same trading ability, same speed) except for their current inventory positions. Dealer A is currently long (owns) 10,000 shares of Titan. Dealer B is currently long (owns) 5,000 shares of Titan. Dealer C is currently flat (she is neither long nor short shares of Titan. Dealer D is.currently short 5,000 shares of Titan. Dealer E is currently short 10,000 shares of Titan. All else equal, which dealers) would you expect to have the highest (most aggressive) bid price? a. Dealer A b. Dealer B O c. Dealer C o d. Dealer D e. Dealer E f. Dealer A and Dealer B will have the same bid price and it will be higher than the bid prices posted by DealerC, Dealer D, and Dealer E. & Dealer D and Dealer E will have the same bid price and it will be higher than the bid prices posted by Dealer A, Dealer B, and Dealer C

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