When a Stop-Loss/profit Order Is Taken, the Rate Specified in the Order

question 431

Multiple Choice

When a stop-loss/profit order is taken, the rate specified in the order:

• A) Must be transacted regardless of where the market moved.
• B) Must be transacted if a broker confirms that the rate specified was reached.
• C) Cannot be taken as a fixed-price guarantee.
• D) None of the above.