A year ago, Rebecca purchased 100 shares of Havad stock for $25 per share. Yesterday, she placed a limit order to sell her stock at a price
of $30 per share before the market opened. The stock's price opened at $28 and slowy increased to $31 in the middle of the day, before declining to $27 by the end of the day. The stock did not pay any dividends over the period in which Rebecca held it. Rebecca's return on her investment was
A. 20 percent because the stock price increased above the Iimit price so the limit order would have been executed.
B. 8 percent because the stock price increased above the limit price so the limit order would not have been executed.
C. 20 percent because the stock price increased above the limit price so the limit order would not have been executed.
D. 8 percent because the stock price increased above the limit price so the limit order would have been executed.
A year ago, Rebecca purchased 100 shares of Havad stock for $25 per share. Yesterday, she placed a limit order to sell h
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A year ago, Rebecca purchased 100 shares of Havad stock for $25 per share. Yesterday, she placed a limit order to sell h
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