Alexis is an individual investor. She purchases shares at the ________ price and sells at the ________ price.

Question

Quizplus · Accepted Answer

In the stock market, the "ask" price is the lowest price a seller is willing to accept for a security, while the "bid" price is the highest price a buyer is willing to pay. Therefore, when Alexis purchases shares, she does so at the "ask" price, and when she sells, it is at the "bid" price.

Alexis Is an Individual Investor