You purchased some stock last month for $50 per share. Today the stock closed at $80 per share. You would like to protect the profit that you have made on this stock but you really don't want to sell it in case it continues to rise in price

What should you do?
A) Place a market order on this stock
B) Place a stop-loss order on this stock
C) Place a protect order on this stock
D) None of the above


Answer: B

Business

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