A fill-or-kill order will be
A) executed immediately upon order arrival on the floor of the exchange.
B) will be cancelled if not immediately executed at the stated price or better.
C) will be cancelled at the end of the trading day if not executed by that time.
D) in effect until cancelled by the customer who placed the order.
Answer: B
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The amount of material used in making a custom sail for a sailboat is normally distributed with a standard deviation of 64 square feet. For a random sample of 15 sails, the mean amount of material used is 912 square feet
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