Currently, the market in a stock is ($54.62) bid, offered at ($54.71). A new sell limit order
Question:
Currently, the market in a stock is “\($54.62\) bid, offered at \($54.71\).” A new sell limit order is placed at \($54.62\). This limit order is said to:
A. Take the market.
B. Make the market.
C. Make a new market.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
A is correct This order is said to take the ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
Question Posted:
Students also viewed these Business questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Please help with the discusin questions ! I give thumbs up Case #1: Hailing a New Era: Haier in Japan As one of the most valuable brands in China, Haier designs,manufactures, and sells various home...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
A strange function. Consider McCarthys 91 function: public static int mcCarthy(int n) { if (n > 100) return n - 10; return mcCarthy(mcCarthy(n+11)); } Determine the value of mcCarthy(50) without...
-
Find the APR, in each of the following cases: APR ..........................Number of Times Compounded ............EAR...
-
Construct a balance sheet and estimate the annual take-home income of the Williams' family from the information presented below: Would you grant this family a loan of $ 10,000 to fund the purchase of...
-
A Pepsi promotion encouraged consumers to collect Pepsi points and redeem them for merchandise. If they did not have quite enough points for the prize they wanted, they could buy additional points...
-
Twyla Company operates a small factory in which it manufactures two products: C and D. Production and sales results for last year were as follows. For purposes of simplicity, the firm averages total...
-
Need a fix, and explain code. Why can't b.size access Small? If size = 1 is public shouldn't it be able to be accesssed from outside the class? public class Big { private Small s = new Small();...
-
Jim White has sold short 100 shares of Super Stores at a price of $42 per share. He has also simultaneously placed a good-till-cancelled, stop 50, limit 55 buy order. Assume that if the stop...
-
Consider the following limit order book for a stock. The bid and ask sizes are number of shares in hundreds. A new buy limit order is placed for 300 shares at f123.40. This limit order is said to: A....
-
The local cable television company offers two deals. Basic cable service with one movie channel costs $35 per month. Basic service with two movie channels costs $45 per month. Find the charge for the...
-
What is the dividend yield for a stock that is priced at 2 5 if the required return is 6 % and the growth rate is 3 % ?
-
What is ethics? Explain definition. What is an ethical dilemma? What is the purpose of the code of ethics? Who established the code of professional conduct for accountants? what is the auditor's...
-
Scott invested $100,000 to purchase 10,000 units of a Canadian balanced segregated fund in his non-registered Individual Variable Insurance Contract (IVIC) on October 1. The information folder...
-
Discuss the desiderata of effective Business Communication strategy Question Elucidate on the use of technology in the improvement of the communication process. Question Critically examine the...
-
Question 1 Walter & Randstad. Ltd. is a European is a single distributor of a product that grew popularity among European consumers. Below is the income statement for the three most recent months....
-
A gas in a cylinder is held at a constant pressure of 2.30 X 105 Pa and is cooled and compressed from 1.70 m3 to 1.20 m3 The internal energy of the gas decreases by 1.40 X 105 J. (a) Find the work...
-
A fast-food restaurant averages 150 customers per hour. The average processing time per customer is 90 seconds. a. Determine how many cash registers the restaurant should have if it wishes to...
-
If the stock price falls and the call price rises, what has happened to the call option's implied volatility?
-
In reviewing the financial statements of the Graceland Rock Company, you note that net income increased while cash flow from operations decreased from 2017 to 2018. a. Explain how net income could...
-
A firm pays a current dividend of $1.00 which is expected to grow at a rate of 5% indefinitely. If current value of the firm's shares is $35.00, what is the required return based on the...
-
( a ) Coca - cola is called a global product. Does this mean that Coca - cola is formulated in the same way throughout the world? Discuss. ( b ) Identify and explain the four strategies that...
-
What is organizational behaviour? What are the factors influencing it ?
-
Zeus company factored P6,000,000 of accounts receivable to a finance entity at the beginning of current year. Control was surrendered by Zeus Company. The factor accepted the accounts receivable...
Study smarter with the SolutionInn App