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
Correct Answer:

Verified
Correct Answer:
Verified
Q18: A stock is expected to pay a
Q30: Campbell Soup Co. paid a $1.55 dividend
Q36: Individuals who use their own stock inventory
Q37: GEN has 3 million shares outstanding and
Q46: Stock Index Performance On November 26,2007,The Dow
Q48: Expected Return American Eagle Outfitters (AEO)recently paid
Q50: Changes in Growth and Stock Valuation Consider
Q52: When will a limit order be executed?
Q63: Stock valuation model dynamics make clear that
Q112: A stock is expected to pay a