Solved

Stuart Wants to Buy Some Additional Stock in Admiral Engines

Question 30

Multiple Choice

Stuart wants to buy some additional stock in Admiral Engines, but the price of the stock has been fluctuating wildly 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. What is Stuart likely to place with his broker?


A) a limit order
B) a short-price order
C) a protection order
D) a fail-safe order

Correct Answer:

verifed

Verified

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

Related Questions