1. Selling Stock with a Limit Order You would like to sell 100 shares of Pfizer, Inc. (PFE). The current bid and ask quotes are $27.37 and $27.40, respectively. You place a limit sell-order at $27.39. If the trade executes, how much money do you receive from the buyer?
$2,740
$2,739
$2,737
$5,477
2. Future Value of an Annuity What is the future value of a $600 annuity payment over 9 years if the interest rates are 10 percent?
$5,940.00
$9,115.76
$1,414.77
$8,147.69