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:

Indra Nooyi

An accomplished business executive who served as CEO of PepsiCo, known for her leadership and innovative approach to the company's global strategy.

PepsiCo

A global food and beverage leader known for various brands including Pepsi, Lay's, Doritos, and Mountain Dew.

Business Sense

An innate understanding of what is needed for an organization to make money, including market awareness, competition analysis, and financial acumen.

Diversity Competency

The ability to interact effectively with people from different cultures, ethnicities, ages, genders, religions, lifestyles, and other diversity dimensions.