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ZamZam Ltd shares are currently trading at K280. You approach your broker at Zed Stock Brokers and place a market order to buy 1000 shares.
ZamZam Ltd shares are currently trading at K280. You approach your broker at Zed Stock Brokers and place a market order to buy 1000 shares. Following your purchase, you decide to protect your position by placing a K240 stop-loss order and a K320 stop-buy order. The share price reduces to K200 and then increases to K360. A. What is your profit or loss percentage if the stop-loss is executed? B. If the proceeds from stop-loss order are utilized in the stop-buy, how many shares will you be able to buy? C. What is your profit or loss percentage if the shares in part B are sold at K360
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