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Will you receive a gain or loss in this stock position

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Reference no: EM132886464

Question - You bought 1000 WLCON shares a year ago at P11 per share. Today, WLCON stock trades for P15 per share. You believe that WLCON stock has additional potential upside and does not want to liquidate your position. You place a stop loss order with a price of P13.

Required -

a. What happens if the stock price drops to P13?

b. Will you receive a gain or loss in this stock position?

c. How much is the potential gain/loss?

d. What happens if stock price continues to increase?

Reference no: EM132886464

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