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Question 1. The bid and offer orders of XYZ stock are shown in the table below... Bid. Number of shares Price per share. $8.55. $8.54
Question 1. The bid and offer orders of XYZ stock are shown in the table below... Bid. Number of shares Price per share. $8.55. $8.54 $8.53 $8.52 $8.51. $8.50 Offer Number of shares 97,000. 33,000 52,000. 46,000 84,000. 65,000. The last executed price was $8.52... .1 Peter places the following orders to his stock broker... Order 1: Buy 50,000 shares of XYZ at $8.55 per share... Order 2: If order 1 is executed, then place an order to sell 50,000 shares of XYZ stocks at $9.00 per share.. Order 3: If order 1 is executed, then place an order to sell 50,000 shares of XYZ stocks at $8.00 per share. Conditions: If order 2 is triggered (executed), cancel order 3. If order 3 is triggered (executed), cancel order 2... A What type of order (market buy/sell, limit buy/sell or stop buy/sell) is order 1? Explain... B. What type of order (market buy/Sell, limit buy/sell or stop buy/sell order) is order 2? Explain... 1. International Financial Markets.. C. What type of order (market buy/sell, limit buy/sell or stop buy/sell order) is order 3? Explain... D. What view (price should rise, fall or remain unchanged) does Peter most likely have on stock XYZ? Explain. What is the logic/reason behind the way Peter places the 3 orders? E. Calculate the profit/loss (in dollar amount) if orders 1 and 2 are triggered... F. Calculate the profit/loss (in dollar amount) if orders 1 and 3 are triggered
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