Question
Suppose that Fincorp trades in a dealer market. Here is some price information on its stock: Bid = $25.00, Ask = $25.50. What would happen
Suppose that Fincorp trades in a dealer market. Here is some price information on its stock: Bid = $25.00, Ask = $25.50. What would happen to a limit-sell order at price of $25.25 and a stop-buy order at price of $25.10? A The limit order will be executed immediately at $25.25, while the stop order will not be executed. E B The limit order will not be executed, while the stop order will be executed at $25.50. CNeither of the limit order or the stop order will be executed. The limit order will not be executed, while the stop order will be executed at $25.00. Cannot determine from the given information.
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