The specialist in a stock you are watching is quoting


The specialist in a stock you are watching is quoting $49¾ bid and $50¼ offered. The last two trades were both for 100 shares at exactly $50 per share. Which of the following is correct: a. A market order to buy 100 shares would most likely also trade at $50 even b. A "stop loss" order to buy at 50-(STOP), placed right before the last trade of $50 per share, would have been triggered by that trade. c. A market order to sell 200 shares is guaranteed to be filled at $49¾ or better. d. If I wanted to be sure to get my stock at (or below) $50 per share I could place a limit order to buy at $50 (or better). e. None of these statements is correct.

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Financial Management: The specialist in a stock you are watching is quoting
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