P3.10 You own 500 shares of Ups&Downs, Inc., stock. It is currently priced at $50. You are

going on vacation, and you realize that the company will be reporting earnings while you are

away. To protect yourself against a rapid drop in the price, you place a stop-limit order to sell

500 shares at $40. It turns out the earnings report was not so good, and the stock price fell to

$30 right after the announcement. It did, however, bounce back, and by the end of the day it was

back to $42. What happened in your account?