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A stop order to sell at $46 will be executed: at a price of $46 at the end of the day on which the order was placed. at $46 following the first trade with a price below $46. as a market order once a trade occurs at a price of $46 or less. immediately at a price of $46. as a market order once a trade occurs at a price of $46 or higher.

Financial Management, Finance

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