3. Refer to Figure 8-12 Limit Up-Limit Down structure of 2013 to calculate the price band if a stock's reference price is $5. Figure 8-12 mit Up Limit Down Structure in Place in 2013 Reference Price Percentage Parameter Tier I securities - S&P 500 and Russell 500 stocks, and selected ETPs $0.75 and s $3.00, 20% > $3.00 Tier il securities - all other stocks $3.00 10% 5%