a. How does a stop order differ from a limit order? b. Suppose that a given market

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a. How does a stop order differ from a limit order?

b. Suppose that a given market accepts only market and limit orders. Which of these two order types are more likely to be placed by buy-side market participants? Why?

c. Again, suppose that a given market accepts only market and limit orders. Which of these two order types are more likely to be placed by sell-side market participants? Why?

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