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 75 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
Gracias!


blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Thyroid conditions may make getting pregnant impossible.

For a complete list of videos, visit our video library