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If you place a stop-loss order to sell at 35 on a stock

Question: If you place a stop-loss order to sell at $35 on a stock currently selling for $38 per share, what is likely to be the minimum loss you will incur on 80 shares if the stock price declines to $33 per share? Explain. What if you had placed a stop-limit order to sell at $35, and the stock price tumbled to $33?

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Accounting Basics: If you place a stop-loss order to sell at 35 on a stock

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