Reference no: EM133092467

Question - A year ago, Rebecca purchased 100 shares of Havad stock for $25 per share. Yesterday, she placed a limit order to sell her stock at a price of $30 per share before the market opened. The stock's price opened at $28and slowly increased to $31 in the middle of the day, before declining to $27 by the end of the day. The stock did not pay any dividends over the period in which Rebecca held it. What the Rebecca's return on her investment?

A. 20 percent because the stock price increased above the limit price so the limit order would have been executed.

B. 8 percent because the stock price increased above the limit price so the limit order would have been executed.

C. 20 percent because the stock price increased above the limit price so the limit order would not have been executed.

D. 8 percent because the stock price increased above the limit price so the limit order would not have been executed.