Question
Maram purchased Almarei stock at $65 per share. The stock is currently selling at $80. Maram expects the price of stock is going to increase
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Maram purchased Almarei stock at $65 per share. The stock is currently selling at $80. Maram expects the price of stock is going to increase in the near future, her gains may be protected by placing a
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market order.
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limit-buy order.
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stop-buy order.
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limit-sell order.
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Question 7
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Noha would like to purchase 1000 shares of STC stock at $50 per share. The stock is currently selling at $65. However, she expects the price is decreasing. To make good transaction, Noha placed a ____________.
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stop-loss order
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Stop-buy order.
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Limit buy order
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Limit- sell order.
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Question 8
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On Aug 10, Omar purchased on margin 300 shares of Golden Group stocks at $100 per share. On Nov. 11, Golden Group's stock price decreased to $88. The initial margin is 60% and the maintenance margin is 45%
What is the equity on Nov. 11?
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21,600
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12,000
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14,400
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18,000
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Question
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