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If you place a stop-loss order to sell at $52.00 on a stock currently selling for $55.28 per share, what is likely to be the

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If you place a stop-loss order to sell at $52.00 on a stock currently selling for $55.28 per share, what is likely to be the minimum loss you will experience on 100 shares if the stock price rapidly declines to $49.42 per share? What if you had placed a stop-limit order to sell at $52.00 and the stock price tumbled to $49.42? If you place a stop-loss order to sell at $52.00 on a stock currently selling for $55.28 per share, the minimum loss you will experience on 100 shares if the stock price rapidly declines to $49.42 per share is $ (Round to the nearest cent.)

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