You Bought a Stock at $50 a Share,and It Has

question 95

Multiple Choice

You bought a stock at $50 a share,and it has increased in price to $70 a share.You think its price will increase even more but you are also concerned that it might go back to $50,eliminating the entire gain.Given this information,you should place which kind of order?

• A)Stop-loss
• B)Profit-retention
• C)Limit
• D)Deferred sales

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