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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
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
compare execution, validity, and clearing instructions
compare market orders with limit orders
CFA® 2025 Level I Curriculum, Volume 3, Module 1.