Realizing that Iron Age Metalworks stock currently sells for $37 a share, Alex directed her broker to buy 100 shares if and when the price dropped to $31. Alex placed a ________ order with her broker.
A) market
B) limit
C) margin
D) confirmation
Correct Answer:
Verified
Q325: After buying 200 shares of common stock
Q326: Which of the following describes the process
Q327: Some analysts refer to _ stocks as
Q328: Buying stock on margin allows an investor
Q329: In the securities markets, capital gains take
Q331: Corporations that want to attract more investors
Q332: When corporations elect to issue two or
Q333: An investor places a _ order with
Q334: _ stocks represent investments in emerging fields
Q335: Ernesto told his broker to buy 75
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