Question: whats the solution Question 6 (Problem Set 3.14) Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer market.

whats the solution

Question 6 (Problem Set 3.14) Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer market. Bid Ask 55.25 55.50 (a) Suppose you have submitted an order to your broker to buy at market. At what price will your trade be executed? (b) Suppose you have submitted an order to sell at market. At what price will your trade be executed? (c) Suppose you have submitted a limit order to sell at $55.62. What will happen? (d) Suppose you have submitted a limit order to buy at $55.37. What will happen

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