This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: You bought IBM stock at $70 per share. It is now $120 a share. You think it could go higher but you ... (Read 62 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Apr 14, 2019

Question 1

A ________ is an order for a brokerage firm to buy a stock when the price rises to a specified level.


◦ stop order
◦ buy stop order
◦ sell stop order
◦ go order

Question 2

You bought IBM stock at $70 per share. It is now $120 a share. You think it could go higher but you are nervous that it could go down and you would lose your gains. To protect your gains but still give yourself the chance to make future profits you could place a


◦ market order.
◦ sell stop order at $100 a share.
◦ buy stop order at $100 a share.
◦ sell stop order at $150 a share.
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by silviawilliams41 on Apr 14, 2019

Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Apr 14, 2019
Thanks


Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Reply #3 on: Apr 14, 2019
Welcome :)


« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Higher centers influencing autonomic function. Higher centers influencing autonomic function.
A compression gauge designed for the higher compression rate of a diesel engine should be used when ... A compression gauge designed for the higher compression rate of a diesel engine should be used when ...
The limbic system is located within the higher brain, or cerebrum. The limbic system is located within the higher brain, or cerebrum.
Percentage of higher-income Canadian households Percentage of higher-income Canadian households
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Sabrina's Fabric Land bought $5,000 of equipment at the beginning of 2015. Amortization ... Sabrina's Fabric Land bought $5,000 of equipment at the beginning of 2015. Amortization ...
Video: Sister chromatids of a metaphase chromosome animation

For a complete list of videos, visit our video library