Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Can you please help me with this, the choices for each question are either will or will not Imagine that you have placed a limit
Can you please help me with this, the choices for each question are either "will" or "will not"
Imagine that you have placed a limit order to buy 100 shares of Sallisaw Tool at a price of $67.00, although the stock is currently selling for $69.76. Discuss the consequences, if any, of each of the following situations. a. The stock price drops to $68.09 per share two months before cancellation of the limit order. b. The stock gradually drops to $65.91 per share. c. The minimum stock price achieved before cancellation of the limit order was $67.61. When the limit order was canceled, the stock was selling for $75.78 per share. a. If the stock price drops to $68.09 per share two months before cancellation of the limit order, the order be executed. (Select from the drop-down menu.) b. If the stock gradually drops to $65.91 per share, the order be executed. (Select from the drop-down menu.) be executed. (Select c. The minimum stock price achieved before cancellation of the limit order was $67.61. When the limit order was canceled, the stock was selling for $75.78 per share. The order from the drop-down menu.)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started