Question: Double checking these to see if the answer circled is correct or not. Use the following information for the next 3 questions. Here is an

Double checking these to see if the answer circled is correct or not.

Double checking these to see if the answer circled is correct or

Use the following information for the next 3 questions. Here is an NYSE specialist's limit-order book in a hypothetical stock; the current 28.87/29.12. bid/ask spread is Buy Orders Price $28.75 28.62 28.50 shares- 100 200 100 Limit-Sell Orders Price 29.25 29.37 29.50 29.75 eshares 900 700 600 19. If a market sell order for 100 shares comes in. it will be filled at- a) $2925 ) 129.12 c) 28.87 d) 28.75 sell order for 400 shares comes in, and the specialist buvs 200 of those shares, the fourth round lot will be filled at a)) $28.62 b) 29.25 c) 28.50 d) 28.75 21. Assuming random order-flow, the specialist is motivated to take a inventory position in the near future. this stock, at this time, because its price is more likely toin a) long, decrease b) short, increase ) long, increase d) short, decrease

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