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Basic Question 10 of 13

A ______ order is most likely to be executed sooner than the other types of orders.

A. limit buy
B. limit sell
C. market
D. stop
E. day

User Contributed Comments 2

User Comment
kalps Market order is immediate at the prevailing price
surjoy Brilliant work!
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

compare execution, validity, and clearing instructions

compare market orders with limit orders

CFA® 2024 Level I Curriculum, Volume 3, Module 1.