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When a Stop-Loss/profit Order Is Taken, the Rate Specified in the Order

Question 59

Multiple Choice

When a stop-loss/profit order is taken, the rate specified in the order:


A) must be transacted regardless of where the market moved
B) must be transacted if a broker confirms that the specified rate was reached
C) cannot be taken as a fixed-price guarantee unless agreed in writing
D) will always be the stop loss rate, if the order is executed

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