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

question 21

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.

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