Here is some price information on Fincorp stock Suppose that Fincorp trades in a dealer market Bid Asked 55 25 55 50 a Suppose you have submitted an order to your broker to buy at market At what price will your trade be executed b Suppose you have submitted an order to sell at market At what price ...

a 5550 b 5525 c The trade will not be executed be ...

Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market. Bid

Question:

Here is some price information on Fincorp stock. Suppose that Fincorp trades in a market.
Bid Asked
55.25 ..... 55.50
a. Suppose you have submitted an order to your to buy at market. At what price will your trade be executed?
b. Suppose you have submitted an order to sell at market. At what price will your trade be executed?
c. Suppose you have submitted a limit order to sell at $55.62. What will happen?
d. Suppose you have submitted a limit order to buy at $55.37. What will happen?

Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for... Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...