Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
teyodani teyodani
wrote...
Go to Answer
Posts: 141
Rep: 0 0
2 years ago
Alex bought 100 shares of CBG corporation at $20 per share.  It is now selling at $50 and Alex has placed a stop loss order at $47.50, good til canceled.  Which of the following is true?

▸ If the price falls to $40, there is a high probability that Alex will sell at a price close to $47.50.

▸ If the price falls, to $40, Alex can be sure that the stock will sell at $47.50 or higher.

▸ If the price falls overnight to $40 and continues to fall from there, Alex will not be able to sell his stock.

▸ If the price falls briefly below $47.50 but bounces back before the order can be executed, Alex will still own the stock.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
Read 41 times
1 Reply
Replies
Answer verified by a subject expert
ksweetksweet
wrote...
#1
Posts: 108
Rep: 1 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

teyodani Author
wrote...

2 years ago
Just got PERFECT on my quiz
einstein
wrote...

Yesterday
This site is awesome
DragonHeart
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1142 People Browsing
 154 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4423
  
 227
  
 263
Your Opinion
Where do you get your textbooks?
Votes: 328
Previous poll results: Do you believe in global warming?