Terry bought a stock three years ago for $6 a share. Today, June 22, the stock is selling for $72 a share. Terry is afraid that the price will fall and does not want to lose his profits so he places a stop-loss order to sell at $70. The stock sells between $71 and S75 throughout the remainder of the day on June 22. On the morning of June 23, the stock opens at $9 a share based on rumors of a possible bankruptcy due to inappropriate accounting procedures. Which one of the following statements is TRUE concerning this situation? a. Terry was able to sell b. Terry still owns his c. Temy received a call d. Terry's stock was his stock for $70 a share thereby protecting his profits. shares of stock since from the specialist his order was never asking him what he executed at the $70 nted to do about price. sold for $9 a share causing him to lose most of his profits. his order. 23 Which one of the following statements concerning common stocks is correct? Common stock receives b.Owners of c Common stock d. The return on preferential treatment over preferred stock when it comes to dividend payments. common stock are creditors of the corporation investments guarantee a stated rate of return. common stock comes from increases in value and dividend income. 24 Which one of the following would be the LEAST liquid investment? a real estate b. Series EE bond e money market mutual fund d stock