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In a ________ Stop Order, the Designated Price Is ________

Question 3

Multiple Choice

In a ________ stop order, the designated price is ________ than the current market price of the stock, while in a ________ limit order, the designated price is ________ than the current market price of the stock.


A) buy; lower; buy; higher
B) sell; lower; buy; lower
C) sell; higher; buy; lower
D) sell; lower; sell; lower

Correct Answer:

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