Question
You place a limit order to buy 500 shares of AAPL with a limit price of $180. The current price is $185. How much will
You place a limit order to buy 500 shares of AAPL with a limit price of $180. The current price is $185. How much will you receive for each share if during the trading day AAPL hits a low during the reading day of $181 and close at $188.
A. 188
B. 180
C. 181
D. Your limit order was not executed
E. Cant tell from information given
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
The Handbook Of Traditional And Alternative Investment Vehicles Investment Characteristics And Strategies
Authors: Mark J. P. Anson, Frank J. Fabozzi, Frank J. Jones
1st Edition
0470609737, 978-0470609736
