Quiz Ch 03 – Order Types and Price Movement

Essentials of Investments

Bodie, Kane, and Marcus

12th Edition

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What type of order prompts the sale of a stock if its price reaches a designated level, and what type of order prompts the purchase of a stock if its price surpasses a designated level?

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  • Search Terms: _______ a above an be bought buy falls if investor its level. level. a) buy limit c) stop-loss; market order, places price rises sold stipulated stock stop d) limit; stop-loss b) market; stop; the to will
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