A stock has the following price quotes: Bid: $24.90 Ask: $25.15 A.) If you set a market order to sell, will your trade be executed? If so, at what price? B.) If you had set a stop buy at $25.00, will your trade be executed? If so, at what price? C.) If you set a limit order to sell at $24.95, will you trade be executed? If so, at what price? D.) If you set a limit order to buy at $25.20, will you trade be executed? If so, at what price? E.) If you set a stop sell, with a stop price of $25.00, will your trade be executed? If so, at what price? F.) If you set a stop limit order to buy, with a stop price of S25.10 and a limit price of $25.20, will your trade be executed? If so, at what price?
A stock has the following price quotes: Bid: $24.90 Ask: $25.15 A.) If you set a market order to sell, will your trade be executed? If so, at what price? B.) If you had set a stop buy at $25.00, will your trade be executed? If so, at what price? C.) If you set a limit order to sell at $24.95, will you trade be executed? If so, at what price? D.) If you set a limit order to buy at $25.20, will you trade be executed? If so, at what price? E.) If you set a stop sell, with a stop price of $25.00, will your trade be executed? If so, at what price? F.) If you set a stop limit order to buy, with a stop price of S25.10 and a limit price of $25.20, will your trade be executed? If so, at what price?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Please solve all the parts or atleast first four (a,b,c and d), otherwise skip
Transcribed Image Text:A stock has the following price quotes:
Bid: $24.90
Ask: $25.15
A.) If you set a market order to sell, will your trade be executed? If so, at what price?
B.) If you had set a stop buy at $25.00, will your trade be executed? If so, at what price?
C.) If you set a limit order to sell at $24.95, will you trade be executed? If so, at what price?
D.) If you set a limit order to buy at $25.20, will you trade be executed? If so, at what price?
E.) If you set a stop sell, with a stop price of $25.00, will your trade be executed? If so, at what price?
F.) If you set a stop limit order to buy, with a stop price of $25.10 and a limit price of $25.20, will
your trade be executed? If so, at what price?
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