1. You just purchased 135 shares of UWG for $15.90 per share. Suppose you want to ensure that you will not lose more than 15% on this purchase. You should place a:

Limit sell order for $18.28

Market sell order for $13.52

Stop sell order for $13.52

Stop sell order for $18.28

Market sell order for $18.28

Limit sell order for $13.52

2. You currently own shares of GWT which you purchased a few weeks ago for $21. There is a lot of volatility in the market and before the market opened today, you placed a stop sell order on GWT to sell 1,200 shares for $79. At the start of trading, GWT opened at $87 per share. During the day the lowest price was $68. The highest price was $93. The stock closed at $91 per share. You made no changes to your order during the day. Which price is closest to the price you sell your shares for?

$87

$68

$79

$93

$91

The order does not get executed