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9. Consider the crude oil prices observed over the course of morning traded shown in the table to the right. Prices are denoted in dollars

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9. Consider the crude oil prices observed over the course of morning traded shown in the table to the right. Prices are denoted in dollars and cents per barrel of oil. One contract contains/represents 1,000 barrels of oil. (a) At 7:00 am a trader places an order to buy one contract at a price of $84.35/ barrel: The trader wants to limit their losses to no more than $100. What order should they place in conjunction with their market order so that they limit their losses to $100? Give both order and price target. (b) When does the trader get "stopped out" of the market? If so, at what time and price? What is their loss? (c) If the trader increases their loss tolerance to $200, that is they want to limit their losses to no more than $200 what order should they place in conjunction with their market order so that they limit their losses to $500 ? Give both order and price target. Does the trader get "stopped out?" If so when and at what price? (d) If the trader in part A increases their loss tolerance to $400 what order should they place in conjunction with their market order? Does the trader get "stopped out?" If so when and at what price? (e) Go back to the trader in part a but this time assume that they buy two contracts at a price of $84.35. If the trader wants to limit the loss to 0$400 what order should they place in conjunction with their market order? Does the trader get "stopped out?" If so when and at what price

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