Question: Problem 3: Order Boot Consider the following limit order book for FinTrade stock. The last trade in the stock occurred at a price of $50.
Problem 3: Order Boot Consider the following limit order book for FinTrade stock. The last trade in the stock occurred at a price of $50. a. If a market buy order for 100 shares comes in, at what price will it be filled? b. At what price would the followingext market buy order be fllled (thint: This question is Io ask you what wili happen when the next market buy order comes after the situation in question (a) happened)? c. If you were a security dealer, would you want to increase or decrease your inventory of this stock? (Hint consider the buying pressure (number of orders) vs the selling pressure. A security dealer is the market maker who is the counterparty trading with all the traders (including both market order trader and limited order traders etc) to provide
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