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You Bought a Stock at $50 a Share,and It Has

Question 95

Multiple Choice

You bought a stock at $50 a share,and it has increased in price to $70 a share.You think its price will increase even more but you are also concerned that it might go back to $50,eliminating the entire gain.Given this information,you should place which kind of order?


A) Stop-loss
B) Profit-retention
C) Limit
D) Deferred sales

Correct Answer:

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