Suppose That a Dealer Is Quoting an Ask/offer Price $50

question 6

Multiple Choice

Suppose that a dealer is quoting an ask/offer price $50.10 and bid price $50.00 for BUG stock.You would like to sell your holdings of 6,000 BUG shares at a price of $55 or something close to it.To really ensure that the sell goes through,you should place:

• A) a market order at $55
• B) a limit sell order at $55
• C) a market-if-touched sell order at $55
• D) a stop-loss sell order at $55
• E) None of these answers are correct.

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Definitions:

Safe Working Conditions

Measures and standards implemented to ensure the work environment is free from hazards that could cause harm to employees.

Decent Wage

A level of income regarded as sufficient for a worker and their family to live on, meeting basic needs such as housing, food, healthcare, and education.

Shorter Working Hours

The reduction of the standard number of hours that constitute a full week of work, aiming to improve work-life balance.

Dollars

A unit of currency used in various countries, including the United States, Australia, and Canada, symbolized by the $ sign.