Executing an order. Bid price was Php10.00 the price of the stock was Php10.80 9:05am 9.15am -the price of the stock was Php10.75 10:00am - the price of the stock was Php10.10 10:05am - the price of the stock was Php9.90 10:20am - the price of the stock was Php10.10 10:30am - the price of the stock was Php10.50 Question: Done or not done. If done, at what time? O Not done O Done at 10:05 am O Done at 10.20am O Done at 10:35am

Executing an order. Bid price was Php10.00 the price of the stock was Php10.80 9:05am 9.15am -the price of the stock was Php10.75 10:00am - the price of the stock was Php10.10 10:05am - the price of the stock was Php9.90 10:20am - the price of the stock was Php10.10 10:30am - the price of the stock was Php10.50 Question: Done or not done. If done, at what time? O Not done O Done at 10:05 am O Done at 10.20am O Done at 10:35am

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)

6th Edition

ISBN:9781337117005

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 4FPE

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Similar questions

During the continuous trading session, orders were placed for CLC stock as follows:i. Calculate the matching prices and the matching volumeii. Which MP order is left over and converted to LO at what price?
You find the following order book on a particular stock. The last trade on the stock was at $66.76. Buy Orders Sell Orders Shares Price Shares Price 250 $66.75 250 $66.78 500 66.74 650 66.79 900 66.73 1,000 66.81 275 66.71 300 66.82 100 66.83 a. If you place a market buy order for 200 shares, at what price will it be filled? (Round your answer to 2 decimal places.) b. If you place a market sell order for 200 shares, at what price will it be filled? (Round your answer to 2 decimal places.) c. Suppose you place a market order to buy 500 shares. At what price will it be filled? Choose the appropriate answer. multiple choice 500 shares at $66.83 250 shares at $66.78 and 250 shares at $66.79 250 shares at $66.83 and 250 shares at $66.82 500 shares at $66.76
Use the table for the question(s) below. Consider the following two quotes for XYZ stock: November 11th November 18th Ask: 25.25 Ask: 26.00 Bid: 25.20 Bid: 25.93 How much would you have to pay to purchase 100 shares of XYZ stock on November 18th? A) $2520 B) $2525 C) $2593 D) $2600
A trader submits a market to sell 1,200 shares. The buy limit orders standing in the stock's order book at the time the order is entered are shown below. None of the limit buy orders are “all or none” orders. 250 shares @ $22.05 200 shares @ $22.00 800 shares @ $21.90 900 shares @ $21.80 The proceeds from the sale of the 1,200 shares, ignoring the trading commission, are closest to: $18,400.00 $21,512.50 $26,280.00 $26,337.50 $27,432.50 None of the above answers is correct.
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An investor bought 720 shares of a stock for Php 108.26 per share. If the broker's commission was 2%, find the amount of the commission and the amount the investor paid for the stocks inclusive of the commission fee.
Three people pool their money to buy 33 shares of stock. The amount each person contributes is shown in the table. Use Adams's method to apportion the shares of stock. (Hint: Find the standard divisor. A modified divisor that is greater than this standard divisor will work.) Investor A B C Amount $775 $680 $545 Investor A Number of Apportioned Stocks (Type an integer.) Investor B Number of Apportioned Stocks (Type an integer.) Investor C Number of Apportioned Stocks
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You would like to sell 220 shares of Echo Global Logistics, Inc. (ECHO). The current ask and bid quotes are $15.44 and $15.39, respectively. You place a limit sell order at $15.43.If the trade executes, how much money do you receive from the buyer?