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Suppose you are a market maker responsible for small biotech stock. In the next month the company is planning to release the results from an

Suppose you are a market maker responsible for small biotech stock. In the next month the company is planning to release the results from an important drug study. You are hearing mixed rumors

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some say the drug will be a hit, some say the drug does not work. What do you think is the best strategy to take?

Increase the bid price

Increase the spread

increase the ask price

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