Placing a stop- loss order to sell


Assignment:

The table below provides some price information on Marriott:


Bid Price

Asked Price

Marriott

37.25

38.13

You have placed a stop- loss order to sell at $38. By placing this order, what are you in effect asking your broker to do? Given the market prices, will your order be executed?

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Finance Basics: Placing a stop- loss order to sell
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