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Suppose That a Dealer Is Quoting an Ask/offer Price $50

Question 17

Multiple Choice

Suppose that a dealer is quoting an ask/offer price $50.10 and bid price $50.00 for BUG stock.You would like to sell your holdings of 6,000 BUG shares at a price of $55 or something close to it.To really ensure that the sell goes through,you should place:


A) a market order at $55
B) a limit sell order at $55
C) a market-if-touched sell order at $55
D) a stop-loss sell order at $55
E) None of these answers are correct.

Correct Answer:

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