An Australian company wishes to sell 1000 bales of cotton if the market price reaches $440 per bale or above. What order should the company place when the current market price for cotton is $380 per bale? __________

Name: An Australian company wishes to sell 1000 bales of cotton if the market price reaches $440 per bale or above. What order should the company place when the current market price for cotton is $380 per bale? __________
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Question

Quizplus · Accepted Answer

The Answer is limit order with limit price of $440 per bale.

An Australian Company Wishes to Sell 1000 Bales of Cotton