Alex purchased 250 shares of an exchange traded fund (ETF) specializing in the health care sector for $48.87 per share. Alex is comfortable holding on to his shares in the face of minor fluctuations, but does not want to risk the share value falling far below his purchase price. He therefore considers placing a order so that all 250 shares would be sold if the share price falls to $44.00. The following graphs depict two hypothetical paths for the share value of Alex's ETF over the course of the next six months. Complete the sentences below each graph to describe what would happen if Alex placed the preceding order under each of the two circumstances. SHARE VALUE SHARE VALUE ------ 0 1 2 3 0 1 2 3 4 5 6 MONTHS IN FUTURE 4 5 6 MONTHS IN FUTURE In the preceding scenario, his order would be activated and executed at ; thus the order would over the six month period. In the preceding scenario, his order would be activated and executed at ; thus the order would over the six month period. True or False: If instead the stock price had declined for the majority of the period and ended up at a price of $32.13, placing the order would have limited his losses. False True O Alex purchased 250 shares of an exchange traded fund (ETF) specializing in the health care sector for $48.87 per share. Alex is comfortable holding on to his shares in the face of minor fluctuations, but does not want to risk the share value falling far below his purchase price. He therefore considers placing a order so that all 250 shares would be sold if the share price falls to $44.00. The following graphs depict two hypothetical paths for the share value of Alex's ETF over the course of the next six months. Complete the sentences below each graph to describe what would happen if Alex placed the preceding order under each of the two circumstances. SHARE VALUE SHARE VALUE ------ 0 1 2 3 0 1 2 3 4 5 6 MONTHS IN FUTURE 4 5 6 MONTHS IN FUTURE In the preceding scenario, his order would be activated and executed at ; thus the order would over the six month period. In the preceding scenario, his order would be activated and executed at ; thus the order would over the six month period. True or False: If instead the stock price had declined for the majority of the period and ended up at a price of $32.13, placing the order would have limited his losses. False True O