This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Angela placed a stop-limit order to sell 100 shares of RST stock at $28 when the market price of RST ... (Read 127 times)

Aimless0988

  • Full Member
  • ***
  • Posts: 158
on: Mar 29, 2022

Question 1

An order to sell 300 shares of ABC stock at the best available price is called a
◦ limit order.
◦ market order.
◦ stop loss order.
◦ fill-or-kill order.

Question 2

Angela placed a stop-limit order to sell 100 shares of RST stock at $28 when the market price of RST was $31. Shortly after Angela placed her order, trading on RST was halted due to a pending news announcement. When trading re-opens RST is priced at $24 a share. Within minutes the price of RST began to drop further until it reached $19 a share. Which one of the following statements is correct concerning Angela's stop-limit order to sell?
◦ Angela's stock was sold for $28 a share.
◦ Angela's stock was sold for $24 a share.
◦ Angela's stock was sold at a price between $19 and $24 a share.
◦ Angela still owns her 100 shares of stock.
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Aimless0988 on Mar 29, 2022

swagmaster69

  • Full Member
  • ***
  • Posts: 157
Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


Aimless0988

  • Member
  • Posts: 158
Reply 2 on: Mar 29, 2022
Wow, this really help

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Example of a cladogram, or branching order, of the New World monkey Superfamily Ceboidea. Example of a cladogram, or branching order, of the New World monkey Superfamily Ceboidea.
Blood Collection Tubes: Order of Draw Blood Collection Tubes: Order of Draw
How to find the limit of a function using delta and epsilon How to find the limit of a function using delta and epsilon
How to evaluate third-order determinants by Minors Method (Question 2) How to evaluate third-order determinants by Minors Method (Question 2)
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Hormones and the menstrual cycle Animation

For a complete list of videos, visit our video library