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Author Question: Stefan places a good-'til-canceled limit order to sell 200 shares of MRK at $76 a share. When his ... (Read 106 times)

effaey

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on: Mar 29, 2022
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.
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by effaey on Mar 29, 2022

rika06@comcast.net

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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.
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effaey

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review

nathang24

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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