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Ignore the circled answers. They mean nothing, 19. You place a stop buy order at $35 for 100 shares of Marriott How will your order
Ignore the circled answers. They mean nothing,
19. You place a stop buy order at $35 for 100 shares of Marriott How will your order be executed when the quotes are: Bid $34.95 and Asked $35.05? A. 100 shares of the stock are bought at $35.00 B. 100 shares of the stock are bought at $34.95 C, 100 shares of the stock are bought at $35.05 D. Your order will not be executed. 20. Continued with previous question. If instead, you place a limit-buy order at $35 for 100 shares of the stock, how will your order be executed? A. 100 shares of the stock are bought at $35.05 B. 100 shares of the stock are bought at $34.95 100 shares of the stock are bought at $35.00 D. Your order will not be executed. 21. You purchased XYZ stock for 10 shares at $100 per share. The stock is currently selling at $125. If you want to keep the opportunity of making larger profit but also protect 15% gain, you may place a A B. . stop-loss order at $115 stop-buy order at $115 market sell order at $125 limit sell order at $125 DStep by Step Solution
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