Question: Problem 3-17 Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $135.

Problem 3-17 Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $135. Limit Buy Orders Price Shares $134.75 600 134.70 900 134.65 134.60 209 133.65 Limit Sell Orders Price Shares $134.80 280 134.85 280 134.99 134.95 209 600 400 700 a. If a market buy order for 200 shares comes in, at what price will it be filled? (Round your answer to 2 decimal places.) Best price b. At what price would the next market buy order be filled? (Round your answer to 2 decimal places.) Next best price a. If a market buy order for 200 shares comes in, at what price will it be filled? (Round your answer to 2 decimal places.) Best price Skipped ebook b. At what price would the next market buy order be filled? (Round your answer to 2 decimal places.) References Next best price c. If you were a security dealer, would you want to increase or decrease your inventory of this stock? Increase Decrease

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