Question
XYZs stock currently has a bid price of $39.95 and an ask price of $40.05. You have just submitted a market buy order. What will
XYZs stock currently has a bid price of $39.95 and an ask price of $40.05. You have just submitted a market buy order. What will your broker do?
A. My broker will buy at $40.05.
B. My broker will buy, but I do not know the buying price from the information given above.
C. My broker will not do anything at current market price.
D. My broker will buy at $39.95.
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The Socionomic Theory Of Finance
Authors: Robert R. Prechter
1st Edition
0977611256, 978-0977611256
