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Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market. Bid Ask 41.37 41.80 a. Suppose you have submitted

Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market.

Bid Ask
41.37 41.80

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.)

=?

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.)

=?

c. Suppose you have submitted a limit order to sell at $41.91. What will happen? multiple choice 1

a.The trade will not be executed.

b.The trade will be executed.

which is the answer? d. Suppose you have submitted a limit order to buy at $41.68. What will happen? multiple choice 2

a. The trade will not be executed.

b.The trade will be executed.

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