3 - Your Ford stock is plunging, and you wish to sell it if it sinks to $35. But the absolute lowest selling price youll accept is $34.50. Your best option would be to place:

Select one:

a. A Market Order

b. A Sell Stop Limit Order

c. A Sell Limit Order

d. A Sell Stop Order

4 - Assume you want to buy 1,000 shares of Verizon at $32 and its currently trading at $32.50. You place a BUY LIMIT ORDER, ALL OR NONE, DAY ORDER. You are at the front of the Order Book, and 200 shares of Verizon become available at your $32 price. Based on these terms, what will happen with your order?

Select one:

a. Your broker will buy the 200 shares at $32 now, and wait until the end of the days trading to see if more shares become available at your price

b. Your broker will buy the 200 shares at $32, and cancel the balance of the order

c. Your broker will not buy them now, and will wait until all 1,000 shares become available at $32, but only until the end of todays trading at which point shell cancel the order

d. Your broker will not buy them now, and will wait until all 1,000 shares become available at $32; if this does not happen by the end of today, she will try again on the next day of trading