Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 04, 2024

Suppose that you had submitted a limit order to buy Facebook (FB) at $128.50. Now, the latest stock quote for FB is $128.25 bid and

Suppose that you had submitted a limit order to buy Facebook (FB) at $128.50. Now, the latest stock quote for FB is $128.25 bid and $128.45 ask. Based on this latest stock quote,

a. your oder will be cancelled

b. your order will be executed.

c. your order will not be executed

d. your order contains a mistake

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematical Control Theory And Finance

Authors: Andrey Sarychev, Albert Shiryaev, Manuel Guerra, Maria Do Rosário Grossinho

2008th Edition

3540695311, 978-3540695318

More Books

Students also viewed these Finance questions

Question

★★★★★

A particular atom contains 29 electrons, 34 neutrons, and 29 protons. What is the identity of this element, and what is its atomic number?

Answered: 1 week ago

Question

★★★★★

Recommend a product or service and a country and provide a explaining the possible opportunities as well as threats your 1000/ \\

Answered: 1 week ago

Question

★★★★★

Too much information in the Cornell recall column causes you to read and not do much reciting.

Answered: 1 week ago

Question

★★★★★

Molson Coors Brewing Company (Molson Coors) is the fifth-largest brewer in the world. It is one of the leading brewers in the U.S. and Canada; the companys brands include Coors, Molson Canadian,...

Answered: 1 week ago

Question

★★★★★

Suppose that you had submitted a limit order to buy Facebook (FB) at $128.50. Now, the latest stock quote for FB is $128.25 bid and $128.45 ask. Based on this latest stock quote, a. your oder will be...

Answered: 1 week ago

Question

★★★★★

The owner of a pizza restaurant needs to buy a new pizza oven for the restaurant. The oven costs $550, is expected to last 10 years, and will be depreciated using the straight line method. If the...

Answered: 1 week ago

Question

★★★★★

Trim Corporation acquired 100 percent of Round Corporation's voting common stock on January 1, 20X2, for $416,000. At that date, the book values and fair values of Round's assets and liabilities were...

Answered: 1 week ago

Question

★★★★★

Mariana and Deion are collecting information for a marketing class project involving their client, the Humane Society. Neither one of them lives in the city where their university is located, and...

Answered: 1 week ago

Question

★★★★★

6. To ensure that only one eGrants user is reviewing a particular subapplication at any given time, it is necessary to ______. A. check in the subapplication B. reserve the subapplication C. lock the...

Answered: 1 week ago

Question

★★★★★

Clearwater Electronics plans to open a company subsidiary in Dubai, United Arab Emirates. The new office will have several engineering positions to fill and has asked for assistance from the HR...

Answered: 1 week ago

Question

★★★★★

Harry is convinced that a secret government agency is watching him. To protect himself, he sits in his darkened apartment with boarded windows and doors. Which type of schizophrenic delusion does...

Answered: 1 week ago

Previous Question Next Question