If you place a stop-loss order to sell at $53.00 on a stock currently selling for $56.73 per share, what is likely to be the minimum loss you will experience on 100 shares if the stock price rapidly declines to $50.91 per share? What if you had placed a stop-limit order to sell at $53.00 and the stock price tumbled to $50.91?

If you place a stop-loss order to sell at $53.00 on a stock currently selling for $56.73 per share, the minimum loss you will experience on 100 shares if the stock price rapidly declines to $50.91 per share is $_____?