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After depositing $ 800, Leo wants to buy the number of shares you calculated in Question 1a. Before trading, he thinks that maybe the stock
After depositing $ 800, Leo wants to buy the number of shares you calculated in Question 1a. Before trading, he thinks that maybe the stock price will decrease, and hence, he decides to wait. However, he has a scuba practice, which ends at noon on Thursday. The highest price at which Leo still wants to make the transaction is $13. Suppose that Leo really wants to buy those stocks on Thursday. At 9:00 am, what kind of order should Leo place? Specify the relevant price and/or conditions.
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