Answer:
Jason has a gain of $1,200.
Explanation:
since the price rised to $42 from $30.05, it rised by $42 - $30.05 = $11.95
but the limit order was placed at $30 and the price fell to $30.05.
from the limit order the price was at $0.05
the total rise price = $11.95 + $0.05 = $12
gain in price = 100×$12 = $1200
Therefore, Jason will gain $1200.
