A Stop Order to Sell at $46 Will Be Executed

Multiple Choice

A stop order to sell at $46 will be executed:

A) at a price of $46 at the end of the day on which the order was placed.
B) at $46 following the first trade with a price below $46.
C) as a market order once a trade occurs at a price of $46 or less.
D) immediately at a price of $46.
E) as a market order once a trade occurs at a price of $46 or higher.