Selling Stock with a Limit Order You Would Like to Sell

question 51

Multiple Choice

Selling Stock with a Limit Order You would like to sell 100 shares of Pfizer,Inc.(PFE) .The current bid and ask quotes are $27.22 and $27.25,respectively.You place a limit sell-order at $27.24.If the trade executes,how much money do you receive from the buyer?

• A)$2,722.00
• B)$2,724.00
• C)$2,725.00
• D)$5,446.00

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Definitions:

Frontal

Pertaining to the forehead or the frontal bone of the skull, often used in reference to the lobe of the brain located behind the forehead.

Temporal Bones

Paired bones that form part of the side and base of the skull, housing the organs of hearing and equilibrium.

Hyoid Bone

A horseshoe-shaped bone situated in the anterior midline of the neck between the chin and the thyroid cartilage, supporting the tongue and serving as an attachment point for muscles of the lower jaw and neck.

Articulate

To form a joint or connection that allows movement between two or more bones.