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Question $10$

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At what price is a stock purchased if an investor places a market order to purchase stock?

The stock is purchased at the price specified by the investor.

The stock is purchased at the highest market price noted in the last $10$ days from the day the market order is placed.

The stock is purchased at the current market price.

The stock is purchased at the lowest market price noted in the next $3$ days from the day the market order is placed.

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