Question
Suppose the bid price for GE stock is $12.00 and the asked price is $12.25. (a) Suppose you have submitted an order to sell at
Suppose the bid price for GE stock is $12.00 and the asked price is $12.25. (a) Suppose you have submitted an order to sell at market. At what price will your trade be executed? (b) Suppose you have submitted a limit order to sell at $12.20. Does your order get executed? If so, at what price? (c) Suppose you have submitted a stop-sell order to sell at $12.20. Does your order get executed? If so, at what price?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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