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If Fincorp stock trades in a dealer market with bid price of 5 5 . 2 5 and asked price of 5 5 . 5
If Fincorp stock trades in a dealer market with bid price of and asked price of
a Suppose you have submitted an order to your broker to buy at market. At what price will your
trade be executed?
b Suppose you have submitted an order to sell at market. At what price will your trade be
executed?
c Suppose you have submitted a limit order to sell at $ What will happen?
d Suppose you have submitted a limit order to buy at $ What will happen?
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