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When an Investor Asks a Broker to Place a Market

Question 111

Multiple Choice

When an investor asks a broker to place a market order, the investor is offering to buy the stock at


A) a predetermined price at the time the order is carried out.
B) a minimum price at the time of the trade.
C) a maximum price at the time the trade is made.
D) the current market price at the time the trade is executed.

Correct Answer:

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