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The ________ Is a Conditional Order and Is Executed Only

Question 21

Multiple Choice

The ________ is a conditional order and is executed only if the limit price or a better price can be obtained. Another type of conditional order is the ________, which specifies that the order is not to be executed until the market moves to a designated price, at which time it becomes a ________.


A) limit order; stop order; market order
B) stop order; limit order; market order
C) limit order; market order; stop order
D) market order; stop order; limit order

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