You Purchased XYZ Share at $50 Per Share

question 3

Multiple Choice

You purchased XYZ share at $50 per share. The share is currently selling at $65. Your gains could be protected by placing a ________.

• A)limit-buy order
• B)limit-sell order
• C)market order
• D)stop-loss order

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Definitions:

Selling Price

The amount of money for which a product or service is sold to the customer.

True Value

The actual, intrinsic value of an asset or entity, not influenced by external factors like market fluctuations or subjective perceptions.

Bid-Rigging

An illegal agreement among competitors to raise, lower, or maintain prices at agreed-upon levels, often in auctions.

Larger Amounts

Quantities or volumes greater than usual or compared to a standard measure, indicating a significant scale.