Series 7 - General Securities Representative Exam

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

A broker gets a phone call from a client to sell 5,000 shares of ABC, $55 Limit, DAY. Which of the following is a possible outcome of the order?

Sold 5,000 shares at $54.98

A

Sold 2,000 shares at $54.99

B

Sold 5,000 shares at $55.16 the next day

C

Sold 650 shares at $55.14, sold 4350 shares at $55.08

D