a. I would like to sell 1000 shares of Walmart at best. b. I would like to

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a. “I would like to sell 1000 shares of Walmart at best.”

b. “I would like to buy 500 shares of Hattersley at $50 or better.”

Which of these is a limit order and which is a market order? If the price of Walmart is $50 and the price of Hattersley is $60, which, if any, of these orders will be executed?

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Related Book For  answer-question

Principles of Corporate Finance

ISBN: 978-1260013900

13th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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