Selling Stock with a Limit Order You Would Like to Sell

question 40

Multiple Choice

Selling Stock with a Limit Order You would like to sell 400 shares of International Business Machines (IBM) .The current bid and ask quotes are $96.24 and $96.17,respectively.You place a limit sell-order at $96.20.If the trade executes,how much money do you receive from the buyer?

• A)$38,464.00
• B)$38,468.00
• C)$38,480.00
• D)$38,496.00

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Definitions:

Middle Ear Infections

Infections occurring in the air-filled space behind the eardrum that contain tiny vibrating bones, often resulting in pain, fever, and hearing difficulties.

Sound Waves Transmission

The process by which sound is conveyed through mediums such as air, water, or solid objects by the vibration of particles.

Tympanometry

A diagnostic test that measures the movement of the eardrum in response to changes in air pressure, helping assess middle ear function.

Lumen

The space within an artery, vein, or capillary; the space within a tube.