Selling Stock with a Limit Order You would like to sell 200 shares of Xenith Bankshares, Inc.

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Selling Stock with a Limit Order You would like to sell 200 shares of Xenith Bankshares, Inc. (XBKS). The current ask and bid quotes are $4.66 and $4.62, respectively. You place a limit sell order at $4.65. If the trade executes, how much money do you receive from the buyer? (LG4)

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Finance Applications And Theory

ISBN: 9780073530673

2nd Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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