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When You Placed a Market Order,your Broker Quoted a Price

Question 41

Multiple Choice

When you placed a market order,your broker quoted a price of $30.With this information we know that


A) you will trade the stock at a price of $30,or higher.
B) you will trade the stock at a price of $30,or lower.
C) you will trade the stock at exactly $30.
D) you will be unsure of the exact trade price.

Correct Answer:

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