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The current quote on the price of Xyimg Corp. on the NYSE is

 

Customer Question

The current quote on the price of Xyimg Corp. on the NYSE is $23.25 - $23.50 (bid and ask price). Describe what will happen as a result of the following orders plaed by investors. Also state the price at which the transaction will be executed, if any.
A) An investor places a market order to sell his 500 shares in Xyimg
b) An investor places a limit buy order at $23.30 for 1000 shares.
c) An investor places a stop loss sell order for 400 shares at $22.00.
b) An investor places a limit buy order for 300 shares at $23.50.

 

Optional Information:
Level/Year: Finance/3rd
Subject: Market Valuation

Already Tried:
The book and notes

Submitted: 336 days and 23 hours ago.
Category: Multiple Problems
Value: $60
Status: CLOSED
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Expert:  linda_us replied 336 days and 22 hours ago.

Hi Bill

 

Welcome to JA. Let me know if you still need help with this question.

 

Regards

 

Linda

Customer replied 336 days and 22 hours ago.

Yes please

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Expert:  linda_us replied 336 days and 21 hours ago.

ok

Customer replied 336 days and 21 hours ago.

For Linda Thank you

Customer replied 336 days and 19 hours ago.

Linda how do I see get the response

Accepted Answer

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Expert:  linda_us replied 336 days and 18 hours ago.


Please CLICK HERE for Solution

Please note that I get credit for my work only when you click accept.

Regards

Linda

Expert TypeMaster's Degree
Category: Multiple Problems
Pos. Feedback: 99.4 %
Accepts: 829
Answered: 5/9/2012

Experience: Business Analyst and Solution Consultant with over 9 years of experience.

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