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Author Question: Dr. Balcom is a busy opthamologist who has no time to trade during market hours. She likes Allergan ... (Read 90 times)

aeb093

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Dr. Balcom is a busy opthamologist who has no time to trade during market hours.  She likes Allergan products and thinks the stock is attractively priced at the day's close of $148.20.  Over the past week, Allergan has traded between $145 and $160, fluctuating widely within each day.  It is now 8:00 P.M. on a Wednesday evening.  If Dr. Balcom wants to buy 200 shares of Allergan, she should
◦ place a limit order to buy 200 shares at $148.20.
◦ place a market order to buy 200 shares.
◦ place a limit order to buy 200 shares at $145.
◦ wait to see what happens the next day.


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Marked as best answer by aeb093 on Mar 29, 2022

Jim457

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aeb093

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Reply 2 on: Mar 29, 2022
Excellent


carlsona147

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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