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9. A short-seller decides to short Facebook at the current price of $150, and he intends to limit loss at $10 a share on his
9. A short-seller decides to short Facebook at the current price of $150, and he intends to limit loss at $10 a share on his short positions. Which one of the following strategy should be used? (a) put in a stop-buy order at $160. (b) put in a stop-buy order at $140. (e) put in a stop-loss order at $160. (d) put in a stop-loss order at $140
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
