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    Fundamentals of Corporate Finance Study Set 14
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    Exam 7: Stock Valuation
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    You Placed an Order to Purchase Stock Where You Specified
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You Placed an Order to Purchase Stock Where You Specified

Question 3

Question 3

Multiple Choice

You placed an order to purchase stock where you specified the maximum price you were willing to pay. This type of order is known as a ________.


A) maximum order
B) limit order
C) floor order
D) market order

Correct Answer:

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