# Limit Order Assignment

Which of the following statements is (are) correct?(

x)An investor specifies a price in a limit order to sell and the limit order is filled if the asset price is equal to the specified price or if the asset price is lowerthan the specified price.

(y)An investor specifies a price in a limit order to buy and the limit order is filled if the asset price is equal to the specified price or if the asset price is higherthan the specified price.

(z)An advantage of the limit order is that the trade will only be executed at acceptable prices to the investor.A.(x), (y) and (z)B.(x) and (y) onlyC.(x) and (z) onlyD.(y) and (z) onlyE.(z) only

9.On March 31, 2017 the DJIA closed at 20,663. The DJIA has risen by 901 since the close on December 30, 2016. What was the return of the stock market for the first quarter of 2017given the DJIA values?

A.4.75%

B.4 56%

C.4.37%

D.4.18%

E.less than4.18%

10. BZN has 3 million shares outstanding and a P/E ratio of 15. Its earnings per share are\$3.00. What is BZN’s market capitalization?

A.\$36 million

B.\$45 million

C.\$135 million

D.\$112 million

E.\$9 million. Get Finance homework help today

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