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3. You want to sell 5,000 shares of Hana Inc. You bought the shares on margin and think the stock may decrease in price. The

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3. You want to sell 5,000 shares of Hana Inc. You bought the shares on margin and think the stock may decrease in price. The closing price on Friday was $98 per share. You place 5 orders for Monday morning: The following are the trading prices for Monday: 10 am $95.50 per share 11 am $96.25 per share $93.30 per share $91.70 per share $92,30 per share For each order, indicate if the order would be executed or not. If the order is executed, indicate why and the total purchase price. If the order is not executed, indicate why. Assume these are the only Trading prices and that trades are executed at those prices whenever it is possible for the trade to be executed 12 pm 1 pm 2 pm a. A market order to sell for 1,000 shares b. A limit order to sell 1,000 shares at $96.00 per share c. A stop-limit order for 1,000 shares, with a stop price of $97.00 per share and a limit price at $96.50 per share 3. You want to sell 5,000 shares of Hana Inc. You bought the shares on margin and think the stock may decrease in price. The closing price on Friday was $98 per share. You place 5 orders for Monday morning: The following are the trading prices for Monday: 10 am $95.50 per share 11 am $96.25 per share $93.30 per share $91.70 per share $92,30 per share For each order, indicate if the order would be executed or not. If the order is executed, indicate why and the total purchase price. If the order is not executed, indicate why. Assume these are the only Trading prices and that trades are executed at those prices whenever it is possible for the trade to be executed 12 pm 1 pm 2 pm a. A market order to sell for 1,000 shares b. A limit order to sell 1,000 shares at $96.00 per share c. A stop-limit order for 1,000 shares, with a stop price of $97.00 per share and a limit price at $96.50 per share

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