easy · CFA Level I equity
An investor holds a long position in Amberfen Pharma, currently trading at 85. Fearing a sudden decline, she places an order to sell her shares if the price drops to80 or below, but she is willing to accept whatever price the market offers once the trigger is hit. This order type is a:
- Limit-sell order.
- Stop-sell order.
- Stop-limit sell order.
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