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Business, 22.02.2020 01:22 chrisroman152

A stock market is a public market for trading a company's

The bid-ask spread in a dealer market represents the profit that a dealer would make on a transaction involving a security. Which of the following statements best describes the bid-ask spread?

The difference between the closing price of the security and the opening price of the security on the day of the transaction
The sum of the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it
The difference between the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it Fernando, a trader, wants to buy 1,000 shares of XYZ stock, while a second trader.

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A stock market is a public market for trading a company's

The bid-ask spread in a deal...
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