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An investor purchased 2,000 shares of ( A B C ). com for ( $ 75 ). He is concerned that the stock price might
An investor purchased 2,000 shares of ( A B C ). com for ( $ 75 ). He is concerned that the stock price might decline suddenly and does not wish to lose more than ( $ 10 ) on the stock. Therefore, he entered an order to sell his shares of ABC.com if the price drops to ( $ 65 ) or below. What type of order is this?
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This type of order is known as a stoploss order The investor ha...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
