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 147 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
Gracias!

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

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

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

A British Bulldog shares a day at the park. A British Bulldog shares a day at the park.
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.
Sample inventory order form. Sample inventory order form.
Client files are kept in alphabetical order in locked file cabinets. Client files are kept in alphabetical order in locked file cabinets.
How to evaluate the third-order determinant How to evaluate the third-order determinant
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Wound Repair Animation

For a complete list of videos, visit our video library