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Stuart Wants to Buy Additional Stock in Admiral Engines, but the Price

Question 19

Multiple Choice

Stuart wants to buy additional stock in Admiral Engines, but the price of the stock has fluctuated in recent days. He wants to make sure he doesn't pay too much. His analysis suggests that $26 per share is the highest price he should pay. Stuart is likely to place a _____ with his broker.


A) market order
B) limit order
C) short­price order
D) protection order

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