Question: At 1 0 : 4 5 a . m . , Ashley placed a stop - loss order to sell 2 0 0 shares of
At : am Ashley placed a stoploss order to sell shares of Alpha stock at $ a share. At : pm the price of Alpha fell to $ and then rose to $ a share by the end of the trading day. Ashley order was executed that day. Ashley would have received a price
Group of answer choices
between $ and $ a share depending upon when her trade executed.
None of the given answers is correct.
of $ a share for her stock since her order was already recorded in the specialists book.
equal to the average prices paid by the specialist during that trading day.
of $ a share for her stock since that was the closing price on the day of execution.
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