Question: 3 . 6 : P 3 . 6 Imagine that you have placed a limit order to buy 1 0 0 shares of Herr Mining
: P Imagine that you have placed a limit order to buy shares of Herr Mining Co at a price of $ although the stock is currently selling for $ Discuss the consequences, if any, of each of the following situations.
a The stock price drops to $ per share two months before cancellation of the limitorder
b The stock gradually drops to $
c The minimum stock price achieved before cancellation of the limit order was $ When the limit order was canceled, the stock was selling for $per share.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
