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Imagine that you have placed a limit order to buy 1 0 0 shares of Sallisaw Tool at a price of $ 6 8 .
Imagine that you have placed a limit order to buy shares of Sallisaw Tool at a price of $ although the stock is currently selling for $ Discuss the consequences, if any, of each of the following situations.a The stock price drops to $ per share two months before cancellation of the limit order.b The stock gradually drops to $ per share.c The minimum stock price achieved before cancellation of the limit order was $ When the limit order was canceled, the stock was selling for $ per share.n a If the stock price drops to $ per share two months before cancellation of the limit order, the order be executed. Select from the dropdown menu.
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