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| *Ostroff, Fair and Company>>>Investing |
An investor places a ________ order with a broker to buy a particular stock at a specific price, if and when t |
a.call b.market c. put d.limit Please let me know which answer it is A limit order specifies the price you will pay, thus the correct answer. A market order is made at whatever the current price is. A call and a put are not related to the question. *Limit* Puts and calls are types of stock options, that is to say they are securities in their own right. They aren't order types. A market order tells the broker to buy immediately at whatever price is available in the mark. sort of a no brainer. d Good luck passing your class if these homework questions are too hard for you. You'll need it. If you are a real investor (Choke!), you'll be broke in no time. Of course, you could be a broker. The level of knowledge seems about average for those ... never mind. d. limit order |
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