At 10:45 A

Multiple Choice

At 10:45 a.m., Ashley placed a stop- loss order to sell 200 shares of Alpha stock at $43 a share. At 2:15 p.m., the price of Alpha fell to $42.90 and then rose to $43.40 a share by the end of the trading day. Ashley order was executed that day. Ashley would have received a price

A) between $42.90 and $43.40 a share depending upon when her trade executed.
B) equal to the average prices paid by the specialist during that trading day.
C) of $42.90 a share for her stock since her order was already recorded in the specialist's book.
D) of $43.40 a share for her stock since that was the closing price on the day of execution.