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A Market Order

Question 34

Multiple Choice

A market order


A) is an instruction from a customer to a broker to buy or sell at the best price available when the order is received (immediately) .
B) is an instruction from a customer to a broker to buy or sell in a particular market (e.g.,NYSE) .
C) is always and everywhere "fill-or-kill."
D) is always and everywhere "good-till-cancelled."

Correct Answer:

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