You Bought IBM Stock at $70 Per Share

question 3

Multiple Choice

You bought IBM stock at $70 per share.It is now $120 a share.You think it could go higher but you are nervous that it could go down and you would lose your gains.To protect your gains but still give yourself the chance to make future profits,you could place a

• A)limit order to sell for $130 a share.
• B)sell stop order at $110 a share.
• C)limit order to sell for $110 a share.
• D)sell stop order at $130 a share.

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Definitions:

Working Memory

A cognitive system responsible for temporarily holding information available for processing, important for reasoning and the guidance of decision-making and behavior.

Central Executive

The process that coordinates rehearsal systems and retrieves memory from and transfers information to permanent memory.

Phonological Loop

A component of the working memory model that deals with the storage and manipulation of verbal and auditory information.

Visuospatial Sketchpad

A component of working memory responsible for temporarily holding and processing visual and spatial information.