Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 4 of 13
The market price of stock Y is now $30. An order specifies the stock must be sold once the price reaches $35 or above. This order is likely to be a ______.
B. limit order
C. stop order
A. market order
B. limit order
C. stop order
User Contributed Comments 0
You need to log in first to add your comment.
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
compare execution, validity, and clearing instructions
compare market orders with limit orders
CFA® 2024 Level I Curriculum, Volume 3, Module 1.