The advantage of market orders versus limit orders is the former offers immediacy of execution at an uncertain price while the latter offers uncertain execution with a ______ price.

Name: The advantage of market orders versus limit orders is the former offers immediacy of execution at an uncertain price while the latter offers uncertain execution with a ______ price.
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Question

Quizplus · Accepted Answer

Market orders offer immediacy of execution at an uncertain price, while limit orders offer uncertain execution with a bounded price.

The Advantage of Market Orders Versus Limit Orders Is the Former