This topic contains a solution. Click here to go to the answer

Author Question: Stefan places a good-'til-canceled limit order to sell 200 shares of MRK at $76 a share. When his ... (Read 71 times)

effaey

  • Full Member
  • ***
  • Posts: 153
Stefan places a good-'til-canceled limit order to sell 200 shares of MRK at $76 a share. When his order reaches the trading floor, MRK is trading at $76.48. Which of the following statements is true concerning Roy's order?
◦ The trade will not be executed and will be immediately cancelled.
◦ The order will only be executed if it can be matched with an order to buy at $76.
◦ The broker will sell the 200 shares at $76.48 and keep the additional $0.48 as a commission.
◦ The order will be executed at $76.48 with the proceeds credited to Stefan's account.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

rika06@comcast.net

  • Full Member
  • ***
  • Posts: 161
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 50% of students answer this correctly




effaey

  • Member
  • Posts: 153
Reply 2 on: Mar 29, 2022
:D TYSM


at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library