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drop down menu options for blanks 1) limit or market 2) carried over to the next day, executed at the last trade price, or canceled
drop down menu options for blanks
Recognizing Different Types of Orders As an investor, based on your goals and investment objectives you create an investment plan. You choose your stockbroker that suits vour needs, but when it is time to actually buy or sell securities in the securities market, it is important to understand how your transactions will be executed. Based on your expectations regarding a specific transaction you have the option to select from three different order types: market order, limit order, or a stop-loss order. Deborah is an experienced investor who enjoys researching and investing in individual stocks that appear promising. On August 12 she is reviewing the trading information for a new home electronics company TechUp, presented in the following table. She would like to buy 100 shares of stock at some point during the day if the price falls to $248.81, therefore she places a PM EDT. When she places a day order, if the price does not reach $248.81 by the end of the day, her order will be Her broker is able to execute the trade two hours later, obtaining her 100 shares at $248.81 each. Suppose the price of the stock falis for the rest of the day, eventually closing at a price of $247.76. in this case, the total value of the shares she purchased between the time of her purchase and the end of the day. If she had instead placed a order at 1:45 PM and obtained the same number of shares at $252.03 per share, she would have by the end of the day instead. Carlos is another investor who currently owns shares of TechUp stock. He would like to place a particular kind of limit order, in which the order remains in effect indefinitely, untess it is filled or canceled. This type of order is known as 1) limit or market
2) carried over to the next day, executed at the last trade price, or canceled
3) fell by $94.5, rose by $126, fell by $126, fell by $427, or fell by $105
4) limit or market
5) lost $384.3 in value, gained $120 in value, gained $384.3 in value, gained $491.05 in value, or lost $427 in value
6) a fill or kill order, a good till canceled order, or an all or none order
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