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Bubba entered an order to sell long 100 shares of XYZ at 38.

Bubba entered an order to sell long 100 shares of XYZ at 38.75 stop limit. Thereafter, the following round-lot transactions occurred: 38.75, 38.65, 38.50.

At what price was Bubba’s order executed?

A.

38.75

B.

38.65

C.

38.50

D.

it was never executed

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