INVESTMENTS(LL)W/CONNECT
11th Edition
ISBN: 9781260433920
Author: Bodie
Publisher: McGraw-Hill Publishing Co.
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Chapter 3, Problem 4PS
Summary Introduction
To determine:
Which option satisifies the characteristic of the market order.
Introduction:
Order refers to the instruction made by the investor to the brokerage firm or broker to buy or sell a particular stock. The order is generally made through online trading platform or phone. An investor has different option through which he can place restrictions on his order such as market order and limit order.
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