A Limit Sell Order at $20 for a Particular Share

question 46

Multiple Choice

A limit sell order at $20 for a particular share means that the investor:

• A)only accepts to sell for a price of $20.
• B)will not trade for prices higher than $20.
• C)accepts to sell for prices equal or lower than $20.
• D)accepts to sell for prices equal or higher than $20.

---

Definitions:

Sample Variance

A measure of the dispersion or variability in a sample data set, calculated as the average squared deviation of each number from the mean of the data set.

Negative

A term used to describe values, numbers, or expressions that are less than zero, often indicating a direction opposite to what is considered positive.

Positive

A term indicating a value greater than zero, or a positive direction or effect.

Sample Mean

The average value of a random sample taken from a population.