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Rosa is an experienced investor who enjoys researching and investing in individual stocks that appear promising. On August 12 she is reviewing the trading information

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Rosa is an experienced investor who enjoys researching and investing in individual stocks that appear promising. On August 12 she is reviewing the trading information for a new home security system company Secure You, presented in the following table. Stock Information for Secure You Trade Time: 2:32 PM EDT Last Trade: 271.96 Open: 265.45 Prev Close: 264.00 Day's Range: 261.46-275.53 Change: +7.96 (0.03) She would like to buy 100 shares of stock at some point during the day if the price falls to $268.58, therefore she places a order at 2:32 PM EDT. When she places a day order, if the price does not reach $268.58 by the end of the day, her order will be Her broker is able to execute the trade two hours later, obtaining her 100 shares at $268.58 each. Suppose the price of the stock falls for the rest of the day, eventually closing at a price of $267.46. In this case, the total value of the shares she purchased between the time of her purchase and the end of the day. If she had instead placed a order at 2:32 PM and obtained the same number of shares at $272.16 per share, she would have by the end of the day instead. Nick is another investor who currently owns shares of Secure you stock. He would like to place a particular kind of limit order, in which the order is canceled if it cannot be executed immediately at the specified price or better. This type of order is known as

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