You place a stop-loss order to sell at $ 52.00 on a stock currently selling for $55.96 per share.

What is likely to be the minimum loss you will experience on 100 shares if the stock price rapidly declines to $49.17 per share? Round to the neared cent

What if you had placed a stop-limit order to sell at $52.00 and the stock price tumbled to $49.17? Round to the nearest cent