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

Verified
Correct Answer:
Verified
Q43: Investors who are aware of current economic,
Q60: Investors can usually find the financial statements
Q63: On October 12, Kevin placed a day
Q66: Chartered Financial Analysts and Certified Financial Planners
Q68: Assume that the S&P 500 composite stock
Q69: When placing an order on-line, an individual
Q83: The tools and calculators available on the
Q90: Market orders are usually executed<br>A) only after
Q105: The Securities Investors Protection Corporation protects investors
Q122: Excessively trading a customers account to increase