Question: 5 points Save Answer QUESTION 1 If you place a market buy order for 375 shares, your order will consist of 3 round lots and
5 points Save Answer QUESTION 1 If you place a market buy order for 375 shares, your order will consist of 3 round lots and one odd lot True False QUESTION 2 5 points Sive Answer At the beginning of the trading day. John places a limit soll order for 500 shares of DEF stock at $75/share while DEF is trading at $72/share. Throughout the course of the day, DEF trades between a range of $71-$74 per share. Which of the following could occur with John's brokerage account if his order was a day order? John's order is executed at $71/share. John's order is executed at 574/share, John's order is executed at 572/share, None of the above QUESTION 3 5 points Save Ant You just placed a stop limit order to sell 900 shares at $50 stop, $47 limit. Which one of the following statements is correct concerning this order if the current market price is $48? The broker will attempt to sell the stock at the current market price The broker will only attempt to sell the stock once it reaches $50 The broker will wait to see if the price climbs to $50 before selling the shares None of the above
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