The price for which the owner is willing to sell the security is called the:
A) bid price
B) spread
C) ask price
D) limit price

Question

Quizplus · Accepted Answer

The ask price is the price at which the owner is willing to sell the security. The bid price is the price at which a buyer is willing to purchase the security, and the spread is the difference between the bid and ask price. The limit price is a price set by an investor to buy or sell a security, but it is not necessarily the price that the owner is willing to sell at. Therefore, the best choice is C, the ask price.

The Price for Which the Owner Is Willing to Sell