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After a PUSH operation, the ESP points to:
Lower memory address
None of these
Same memory address
Higher memory address
Because the stack grows down (goes from higher memory addresses to the lower memory addresses), when a PUSH operation puts its operand on top of the stack the ESP (stack pointer) points to a lower memory address. EDIT: Not a fair question, "Stack pointers may point to the origin of a stack or to a limited range of addresses either above or below the origin (depending on the direction in which the stack grows)" https://en.wikipedia.org/wiki/Stack(abstractdata_type)
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