Question
The price of gold is currently $1500/oz. You believe if it moves down by $20 that the contract will be underpriced. What order will you
The price of gold is currently $1500/oz. You believe if it moves down by $20 that the contract will be underpriced. What order will you give your broker now to trade of this belief?
| buy $1490 limit
| ||
| None of these answers would accomplish that | ||
| buy at the market
| ||
| buy $1520 stop
| ||
| buy $1520 limit |
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
