A stock you are interested in trading has the following quotes: Bid: $43.80 Ask: $44.00 A.) If
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Question:
Bid: $43.80 Ask: $44.00
B.) If you had set a stop loss at $44.05, will your trade be executed? If so, at what price?
C.) If you set a limit order to buy at $43.95, will you trade be executed? If so, at what price?
D.) If you set a limit order to sell at $44.00, will you trade be executed? If so, at what price?
E.) If you set a stop limit order to sell, with both a stop price and limit price of $43.90, will your trade be executed? If so, at what price?
F.) If you set a stop limit order to buy, with a stop price of $44.00 and a limit price of $44.10, will your trade be executed? If so, at what price?
Related Book For
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor
Posted Date: