Question
Question 7 (4 marks) You purchased a stock at $38.0 per share. The stock is now selling at $48.0. Give an example of an order
Question 7 (4 marks)
You purchased a stock at $38.0 per share. The stock is now selling at $48.0.
Give an example of an order you may place to lock in 15% of gains.
(Give the type of order: market/limit/stop loss; buy/sell; and price)
Can anyone help me to get the answer?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
