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Your client bought 1,000 shares of ABC on margin that he believes will appreciate in value when earnings are released. He is leaving for a
Your client bought 1,000 shares of ABC on margin that he believes will appreciate in value when earnings are released. He is leaving for a three-month vacation and wants to place an order that will prevent a margin call in the event that earning disappoint and the shares decline in value. Which type of order should he place?
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Solution Your client should place a stoploss order to prevent a margin call in the event that the sh...
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
