Which of the following guides a broker’s decision on executing a limit
QUESTION
Which of the following guides a broker’s decision on executing a limit order for a stock?
A) par value
B) dividends
C) book value
D) market value
E) interest rate
ANSWER
Answer: D
Explanation: D) Limit orders direct a broker to buy or sell a security when the market price, or market value, reaches a stated threshold.
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