Question

Imagine that you have placed a limit order to buy 100 shares of Sallisaw Tool at a price of

$ 37.00$37.00?,

although the stock is currently selling for

$ 39.34$39.34.

Discuss the?consequences, if? any, of each of the following situations.a. The stock price drops to

$ 38.16$38.16

per share 2 months before cancellation of the limit order.b. The stock price drops to

$ 37.00$37.00

per share.c. The minimum stock price achieved before cancellation of the limit order was

$ 37.69$37.69.

When the limit order was? canceled, the stock was selling for

$ 45.84$45.84

per share.

a. If the stock price drops to

$ 38.16$38.16

per share 2 months before cancellation of the limit? order, the order

?

will

will not

be executed.???(Select from the? drop-down menu.)b. If the stock price drops to

$ 37.00$37.00

per? share, the order

?

will

will not

be executed.???(Select from the? drop-down menu.)c. The minimum stock price achieved before cancellation of the limit order was

$ 37.69$37.69.

When the limit order was? canceled, the stock was selling for

$ 45.84$45.84

per share. The order

?

will

will not

be executed.???(Select from the? drop-down menu.)

Answer 1