Finra Exam Series-7 Topic 6 Question 79 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 79
Topic #: 6

Bubba owns 100 shares of XYZ at $58. He needs to limit his loss to 5 points or less and will accept a longer time for the order to be executed, to make sure the loss does not exceed 5 points.

Which of the following orders would be the best recommendation?

Asell limit order

Bsell stop-limit order

Csell stop order

Dbuy stop order

Show Suggested Answer

Suggested Answer: B

balance sheet. This report reflects the entire condition of the company by showing all assets, liabilities, and components of net worth.

by Ernie at Dec 24, 2023, 09:46 PM

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Dana

11 hours ago

I think the best recommendation would be a sell stop-limit order.

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