Solved: Suppose you have submitted an order to your broker to buy, Finance Basics

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Suppose you have submitted an order to your broker to buy

Here is some price information on X stock. Suppose that X trades in a dealer market.

Bid Ask

55.25 55.50

Suppose you have submitted an order to your broker to buy at market. At what price will your trade be executed?
Suppose you have submitted an order to sell at market. At what price will your trade be executed?
Suppose you have submitted a limit order to sell at $55.62. What will happen?
Suppose you have submitted a limit order to buy at $55.37. What will happen?

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Finance Basics: Suppose you have submitted an order to your broker to buy

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Finance Basics: Suppose you have submitted an order to your broker to buy

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