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MarketBid MakerPrice Shares 1 $20.00 100 #2 | $20.00 | 500 #3 | $19.99 | 300 #4 | $19.98| 400 Use the table above for next 3 questions. The bids and offers are in order of time and date submitted. Market Offer or askSize Price $20.18 $20.19 $20.20 $20.20 Maker #4 #3 #1 #2 Shares 500 200 700 200 12. You want to sell 600 shares in the dealer market. The dealers or market makers prices and quantities are shown above. Which is most correct? a) Fill by combining bids of market makers #'s 1 and 2 b) Fill by combining bids of market makers #'s 3 and 4 c) Fill by bid of market makers # 2 d) Fill by combining bids of market makers #'s 1, 2 and 3 13. You want to buy 600 shares in the dealer market. The dealers or market makers prices and quantities are shown above. Which is most correct? a) Fill by combining offers of market makers #'s 1 and 2 b) Fill by combining offers of market makers # s 4 and 3 c) Fill by offer of market makers # 1 d) Fill by combining offers of market makers #'s 1, 2 and 3 14. You want to sell 700 shares in the dealer market. The dealers or market makers prices and quantities are shown above. You submit a "Fill or Kill order. Which is most correct? a) Fill by combining bids of market makers #'s 1 and 2 b) Fill by combining bids of market makers #'s 3 and 4 c) Fill by combining bids of market makers # 1 d) Order cannot be filled. 15. Purchasing stock using a loan to pay for some of the shares is called a)huying on margin b)short-selling c)buy stop-limit order d)stop-loss order 16. Purchasing stock when price drops from today's price by $5 is done with a)sell stop loss b)sell limit order c)buy stop-limit order d)Buy stop-loss order 17. Selling stock when the price falls from today's price by $3 is done with a sell stop loss b)sell limit order c)buy stop-limit order d)Buy stop-loss order

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