5. Suppose the bid price for Verizon stock is $59.50 and the asked price is $60.25.

(a) Suppose you have submitted an order to buy at market. At what price will your trade be executed?

(b) Suppose you have submitted a limit order to buy at $60.50. Does your order get executed? If so, at what price?

(c) Suppose you have submitted a stop-buy order to buy at $60.50. Does your order get executed? If so, at what price?