Business > CASE STUDY > cf week 7 investments template 2 .docx FIN100 Week 7 Homework: Definitions FIN1 (All)
cf week 7 investments template 2 .docx FIN100 Week 7 Homework: Definitions FIN100: Principles of Finance Week 7 Homework Instructions: Please respond to the following questions: 1. De... scribe the differences among the following three types of orders: market, limit, and stop loss. Provide examples of each in your own words. Your Answer: The difference between the three types is as follows, Market type is basically I want to buy/sale right now. I do not care about the price , I am ready to purchase immediately. For example, I am at the car lot. Price is not a factor. I have the perfect color, the inside is customized to my liking, everything is perfect down to the rims! The car comes out to 40,000. This did not make me flinch. I am ready to close out on this car right now, I do not care of the price. Limit order means though I want to buy this I will only buy if it is the exact price I have set in my head, if it is over. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]
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