The Current Price of XUM Stock Is $35

question 112

Multiple Choice

The current price of XUM stock is $35.Jason places a limit order for 100 shares at $30, GTC.The price fall so $30.05 and the rises over the course of a month to $42.

• A)Jason has a gain of $1,200.
• B)Jason has a gain of $1,195.
• C)Jason does not own the stock, but will if his trade can ever be executed at $30.00 or better.
• D)Jason has a loss of $1,195.

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