Suppose the bid price for GE stock is $12.00 and the asked price is $12.25. (a) Suppose you have submitted an order to sell at market. At what price will your trade be executed? (b) Suppose you have submitted a limit order to sell at $12.20. Does your order get executed? If so, at what price? (c) Suppose you have submitted a stop-sell order to sell at $12.20. Does your order get executed? If so, at what price?

Answer rating: 100% (QA)

Lets break down each scenario a Market Order Your trade will be executed at the best available price ... View the full answer