Differentiate among market orders, limit orders, and stop-loss orders. What is the rationale for using a stop-loss order rather than a limit order?
Answer to relevant QuestionsDifferentiate between the services and costs associated with full-service, premium discount, and basic discount brokers. Be sure to discuss online transactions. What benefits does an investment club offer the small investor? Would you prefer to join a regular or an online club, and why? Briefly describe several types of information that are especially well suited to publication on the Internet. What are the differences between the online and print versions, and when would you use each? Imagine that the Mini-Dow Average (MDA) is based on the closing prices of 5 stocks. The divisor used in the calculation of the MDA is currently 0.765. The closing prices for each of the 5 stocks in the MDA today and exactly ...Explain what is meant by the return on an investment. Differentiate between the two components of return—income and capital gains (or losses).
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