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ssi15 ssi15
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2 years ago
Suppose the shares of the Chickadee Corporation traded seven times in the following sequence one day last week: 46, 45.88, 45.75, 45.50, 45.63, 46, 46.13. In this case, a limit order to sell at 46 would have been executed

▸ between 46 and 46.13, whereas a market order to sell could have been executed anywhere between 45.50 and 46.13.

▸ anywhere between 45.50 and 46.13, whereas a market order to sell would have been executed only at 46.

▸ only at 46, whereas a market order to sell would have been executed at 46.13.

▸ only at 46.13, and a market order to sell would have been executed between 46 and 46.13.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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Chintan13Chintan13
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