On March 15, Jacqueline placed a limit order, GTC, to buy 200 shares of CAKE at $40 a share. CAKE sold between $40.50 and $44.00 on that day. Over the following two months the stock price continued to rise and Jacqueline forgot about the order. After the markets closed on June 30 , some bad news concerning CAKE was released. The stock opened on July 1 at a price of $32.00 a share. Which one of the following statements is correct concerning Marcos' order? A. The order was cancelled on May 15 because it had not been executed within the allowable two-month time period. B. The order was executed on July 1 at a price of $40.00 a share. C. The order was executed on March 15 at $40.50 a share since that was the best available price of the day. D. The order was executed on July 1 at a price of $32.00 a share