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Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer market. Bid $22.41 Asked $22.86 a. Suppose you have
Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer market. Bid $22.41 Asked $22.86 a. Suppose you have submitted an order to your broker to buy at market. At what price will your trade be executed? (Round your answer to 2 decimal places. Omit $ sign in your response.) Price $ b. Suppose you have submitted an order to sell at market. At what price will your trade be executed? (Round your answer to 2 decimal places. Omit $ sign in your response.) Price $ c. Suppose an investor has submitted a limit order to sell at $23.12. What will hap O The trade will not be executed O The trade will be executed d. Suppose another investor has submitted a limit order to buy at $22.73. What will happen? O The trade will not be executed O The trade will be executed
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