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A Limit Order to Buy

Question 17

Multiple Choice

A limit order to buy:


A) guarantees the quantity purchased but not the price.
B) guarantees both the purchase price and the order fulfillment.
C) is executed only if the purchase price is less than the limit amount.
D) guarantees the purchase price but not the order execution.
E) will be executed either at the limit price or at the end-of-day price.

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