With a ____ order, the investor specifies a purchase price that is above the current market price.
A)market
B)limit
C)stop-loss
D)stop-buy

Name: With a ____ order, the investor specifies a purchase price that is above the current market price. A)market B)limit C)stop-loss D)stop-buy
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

A stop-buy order is used to purchase a stock at a specified price above its current market price, often to limit loss on a short sale or to initiate a new long position in anticipation of the stock's price rising.

With a ____ Order, the Investor Specifies a Purchase Price