In the Context of Buying and Selling Securities, Placing a Sell

question 32

Multiple Choice

In the context of buying and selling securities, placing a sell limit order:

• A) prevents your broker from buying low and selling high over a relatively short time horizon.
• B) prevents your broker from selling your stock at a price you believe is too low.
• C) instructs your broker to sell your stock at the current market price.
• D) instructs your broker to sell your stock just before it becomes undervalued in the market.