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Imagine that you have placed a limit order to buy 100 shares of Sallisaw Tool at a price of $68.00, although the stock is currently

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Imagine that you have placed a limit order to buy 100 shares of Sallisaw Tool at a price of $68.00, although the stock is currently selling for $70.12. Discuss the consequences, if any, of each of the following situations a. The stock price drops to $69.06 per share two months before cancellation of the limit order b. The stock gradually drops to $65.87 per share. c. The minimum stock price achieved before cancellation of the limit order was $68.74. When the limit order was canceled, the stock was selling for $77.07 per share. a. If the stock price drops to $69.06 per share two months before cancellation of the limit order, the order be executed. (Select from the drop-down menu.) b. If the stock gradually drops to $65.87 per share the order be executed. (Select from the drop-down menu.) c. The minimum stock price achieved before cancellation of the limit order was $68.74. When the limit order was canceled, the stock was selling for $77.07 per share. The order M be executed. (Select from the drop-down menu.) will will not

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