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PFIN 3rd Edition by Lawrence Gitman,Michael Joehnk,Randall Billingsley
Edition 3ISBN: 978-1285082578PFIN 3rd Edition by Lawrence Gitman,Michael Joehnk,Randall Billingsley
Edition 3ISBN: 978-1285082578 Exercise 3
Suppose that Leonard Krauss places an order to buy 100 shares of Google. Explain how the order will be processed if it's a market order. Would it make any difference if it had been a limit order? Explain.
Explanation
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In a market order the order is executed ...
PFIN 3rd Edition by Lawrence Gitman,Michael Joehnk,Randall Billingsley
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