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Question 1 You placed a stop - limit order to sell 1 0 0 shares of ABC stock at $ 2 8 when the market
Question
You placed a stoplimit order to sell shares of ABC stock at
$ when the market price of ABC was $ Shortly after you
placed your order, trading on ABC was halted due to a pending
news announcement. When trading reopens ABC is priced at $
a share. Within minutes the price of ABC began to drop further
until it reached $ a share. Which one of the following
statements is correct concerning your stoplimit order to sell?
You still own shares of stock.
Your stock was sold for $ a share.
Your stock was sold at a price between $ and $ a share.
Your stock was sold for $ a share.
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