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3 years ago

Suppose you bought 100 shares of IBM at $200 per share. What is the maximum loss if you place a stop-loss order at $165

Business

1 answer:

Lynna [10]3 years ago

4 0

Answer:

$3,500

Explanation:

Placing a stop-loss order at $165 means that the last amount that the stock traded, it had a price of $165 per share.

Based on that, it is evident that each stock has lost $35 when compared to the price at which the stop-loss order was placed and the initial cost per share of $200.

Loss per share=$200-$165=$35

The loss incurred on 100 shares of IBM=loss per share*number of shares owned

The loss incurred on 100 shares of IBM=$35*100

The loss incurred on 100 shares of IBM=$3,500

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Answer: Option (D)

Explanation:

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3 years ago

The acronym now, when used by financial institutions, stands for ________ and is a type of interest-bearing checking account.

ololo11 [35]

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Tcecarenko [31]

Answer:

Total Over budget = $112370

Total Under Budget= $ 56062

Explanation:

Valotic Tech Inc.

Budget Performance Report—Director, Consumer Products Division

For the Month Ended January 31, 2016

Budget Actual (Over) Under Budget

Customer service salaries $546,840 $602,350 (55,510)

Insurance & property taxes 114,660 110,240 4420

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Equipment depreciation 183,792 183,610 182

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Total Under Budget= $ 56062

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Explanation:

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