at 11:00am peter submits an order: sell 500 shares, limit 15.05, ioc. what's the best bid and offer (bbo) after peter's order is submitted? the market is 15.05 bid for 400 shares, 300 shares offered at 15.08. the market is 15.05 bid for 400 shares, 700 shares offered at 15.08. the market is 15.03 bid for 300 shares, 300 shares offered at 15.08. none of the above.