Imagine that you have placed a limit order to buy 100 shares of Sallisaw Tool...
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Imagine that you have placed a limit order to buy 100 shares of Sallisaw Tool at a price of $ 37.00?, although the stock is currently selling for $ 39.34. Discuss the? consequences, if? any, of each of the following situations. a. The stock price drops to $ 38.16 per share 2 months before cancellation of the limit order. b. The stock price drops to $ 37.00 per share. c. The minimum stock price achieved before cancellation of the limit order was $ 37.69. When the limit order was? canceled, the stock was selling for $ 45.84 per share. a. If the stock price drops to $ 38.16 per share 2 months before cancellation of the limit? order, the order ? will will not be executed.???(Select from the? drop-down menu.) b. If the stock price drops to $ 37.00 per? share, the order ? will will not be executed.???(Select from the? drop-down menu.) c. The minimum stock price achieved before cancellation of the limit order was $ 37.69. When the limit order was? canceled, the stock was selling for $ 45.84 per share. The order ? will will not be executed.???(Select from the? drop-down menu.)
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