If a client wants to buy 100 shares of stock immediately at the best available price, the most appropriate order to place would be:
D) A market order to buy
A market order to buy instructs the broker to execute the trade immediately at the prevailing market price. This ensures that the client will purchase the shares as quickly as possible, without specifying a price limit. Therefore, a market order is suitable when the primary concern is executing the trade promptly, rather than achieving a specific price target.
