Adequate information The bid price of Marriott share is $67.95 and the ask price stands to be $68.05. The limit order for sale of Marriott share stands to be $68. To determine: What instruction investor has given to the broker .Whether the order will get executed. Introduction: Bid ask spread reflects the difference between the prices cited for immediate purchase and sale of currency pairs, options, future contracts or stocks.

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Chapter 3, Problem 13PS

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Adequate information

The bid price of Marriott share is $67.95 and the ask price stands to be $68.05. The limit order for sale of Marriott share stands to be $68.

To determine:

What instruction investor has given to the broker .Whether the order will get executed.

Introduction:

Bid ask spread reflects the difference between the prices cited for immediate purchase and sale of currency pairs, options, future contracts or stocks.

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