Question: Consider the following information on the specialists limit orders, (NOTE: All limits are orders for 100 shares) Bid Ask 32 33.5 31.8 33.65 31.5 33.80

Consider the following information on the specialists limit orders, (NOTE: All limits are orders for 100 shares)

Bid	Ask
32	33.5
31.8	33.65
31.5	33.80

Assume the specialist receives your order to buy 100 shares and matches the order to her limit book. What is the new bid/ask price after your purchase?

A) Bid 32/ Ask 33

B) Bid 31.8/ Ask 33.5

C) Bid 31.8/ Ask 33.65

D) Bid 32/ Ask 33.65

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