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Selling Stock with a Limit Order You Would Like to Sell

Question 51

Multiple Choice

Selling Stock with a Limit Order You would like to sell 100 shares of Pfizer,Inc.(PFE) .The current bid and ask quotes are $27.22 and $27.25,respectively.You place a limit sell-order at $27.24.If the trade executes,how much money do you receive from the buyer?


A) $2,722.00
B) $2,724.00
C) $2,725.00
D) $5,446.00

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