Dealer's spread refers to the _____.
A) the sum of the bid and asked prices of a security and represents the dealer's revenue from the transaction
B) the sum of the bid and asked prices of a security and represents the dealer's markup, or profit
C) the difference between the bid and asked prices of a security and represents the dealer's markup, or profit
D) the difference between the bid and asked prices of a security and represents the dealer's revenue from the transaction
E) the ratio of the bid price of a security to its asked price and represents the dealer's markup, or profit
Correct Answer:
Verified
Q31: Financial intermediaries spread their risk by providing
Q33: The process by which commercial banks transform
Q49: Welsh Corporation wants to raise capital to
Q51: Which of the following is the correct
Q52: Which of the following is the reason
Q53: Which of the following steps is a
Q56: Which of the following steps is a
Q57: A document describing a new security issue
Q58: The difference between the issuing price of
Q59: Treasury bills are issued by the U.S.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents