When a market order is placed, the price that is paid for the stock is the a. stock's fundamental value. b. market price at time of the execution. c. quoted price. d. market price at time of the quote.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter20: Corporations: Organization And Capital Stock
Section: Chapter Questions
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When a market order is placed, the price that is
paid for the stock is the a. stock's fundamental
value. b. market price at time of the execution. c.
quoted price. d. market price at time of the
quote.
Transcribed Image Text:When a market order is placed, the price that is paid for the stock is the a. stock's fundamental value. b. market price at time of the execution. c. quoted price. d. market price at time of the quote.
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