An investor who wants to take advantage of a temporary decline in the price of a stock should use a limit order.

Name: An investor who wants to take advantage of a temporary decline in the price of a stock should use a limit order.
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Question

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A limit order allows the investor to set a specific price at which they are willing to buy the stock, even if the current market price is higher. This can be advantageous if the investor believes the stock price will rebound in the near future.

An Investor Who Wants to Take Advantage of a Temporary