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You Place a Stop-Loss Order at $78

Question 78

Multiple Choice

You place a stop-loss order at $78. The current share price is $82. The stock price drops the next day to $75. What is the best price you could receive for your stock?


A) $75.00
B) $78.00
C) $74.99
D) $82.00
E) $75.01

Correct Answer:

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