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A Limit Order: a. Limits the time a buyer has to wait to have the order executed. b. Makes sure the buyer pays the average

A Limit Order:

a. Limits the time a buyer has to wait to have the order executed.

b. Makes sure the buyer pays the average price of the previous day's exchanges.

c. Is used by an investor who values speed over price

d. Minimizes the price a buyer pays

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