Question 11 Choose the type of buy or sell order that best matches the description: An order to sell that becomes effective as a market order when the price of the stock declines to or below a stated limit price Not yet answered Marked out of 1.00 Flag question Select one: a. Stop loss b. Day c. Limit O d. Stop buy Question 12 In a short sale, which of the following does not apply. Not yet answered Marked out of 1.00 Select one: O a. The short sale is in-the-money when the price of the stock drops after the short sale b. Stocks are loaned by the dealer to the short seller, when he makes the sale. Flag question O c. The short seller must put up margin money to cover the short sale. d. If the lender wants his stocks back, and the price of the stock is higher than the price at which the short sale was made, the dealer will lend money to the short seller to buy the stocks in the market. Question 13 Not yet answered GDP Corp. issues a convertible preferred share with a par value of $50 that can be converted into 2 common shares, resulting in a conversion price of $25. At the time of issue GDP common shares were trading at $10 per share. If the common share price jumped from $10 per share to $20 per share, what would the approximate value of the convertible preferred share be? Marked out of 1.00 P Flag question Select one: O a. $45 b. $10 oc. $50 d. $40