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-You Place an Order to Short 500 Shares of Stock

Question 88

Multiple Choice

  -You place an order to short 500 shares of stock. The last trade was at $56.12. The previous trade was at $56.08. You order can be executed at: A)  $56.12 or higher. B)  $56.12 or lower. C)  $56.08 or higher. D)  $56.08 or lower. E)  at any price.
-You place an order to short 500 shares of stock. The last trade was at $56.12. The previous trade was at $56.08. You order can be executed at:


A) $56.12 or higher.
B) $56.12 or lower.
C) $56.08 or higher.
D) $56.08 or lower.
E) at any price.

Correct Answer:

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