Question: Using Intel Corporation's data after closing on September 3, 2020 (above), answer the following questions: 5. Where is Intel common stock listed? What is its
Using Intel Corporation's data after closing on September 3, 2020 (above), answer the following questions:
5. Where is Intel common stock listed? What is its listing symbol? Assume that the closing price for Intel stock lies halfway between its best bid and ask prices. Assume also that the bid/ask spread is 0.02 point.
(a) If you submit a market buy order, at what price is your order likely executed?
(b) If you submit a market sell order, at what price is your order likely executed?
(c) Suppose you submit a limit order to sell at $50.38. What will happen most likely?
(d) Suppose you submit a limit order to buy at $50.37. What will happen most likely?
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