You have placed a stop- loss order on Kinross at $ 38, and the current bid and

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You have placed a stop- loss order on Kinross at $ 38, and the current bid and asked prices are $ 37.85 and $ 38.12, respectively. What does your order instruct your broker to do? Given market prices, will your order be executed?
Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...
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Investments

ISBN: 978-0071338875

8th Canadian Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter

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