An Analyst Has a Limit Order Outstanding on a Stock

question 116

Multiple Choice

An analyst has a limit order outstanding on a stock. He argues that the probability that the order will execute before the close of trading is 0.20. Thus, the odds for the order executing before the close of trading are

• A) one in four.
• B) one in five.
• C) four to one.
• D) five to one.

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