Solved

A Stock Purchased at a Price of $22 Per Share,has

Question 52

Essay

A stock purchased at a price of $22 per share,has risen to $46 per share.You wish to avoid losing your profit; therefore,you should put in a sell stop order at a price of
(a)$22 per share
(b)$40 per share
(c)$43 per share
(d)$46 per share

Correct Answer:

verifed

Verified

The sell stop order should be ...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents