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The bid and offer orders of XYZ stock are shown in the table below. The last executed price was $9.55. Q2. Mary would like to
The bid and offer orders of XYZ stock are shown in the table below. The last executed price was $9.55. Q2. Mary would like to buy 10,000 shares of XYZ stock. However, she thinks that as long as the stock price is unable to rise up to $9.60 per share it has no potential to rise further. Only when the stock price rises up to $9.60 per share then it will have potential to rise further to a maximum of $11.00 per share. What type of order (market buy, market sell, limit buy, limit sell, stop buy, stop sell) and at what price level should Mary place to buy the stocks? Explain your
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