The mathematical difference between the bid and ask prices is the
A) profit margin.
B) premium.
C) offer.
D) spread.

Name: The mathematical difference between the bid and ask prices is the A) profit margin. B) premium. C) offer. D) spread.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

The difference between the bid and ask prices is known as the spread. This represents the difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask).

The Mathematical Difference Between the Bid and Ask Prices Is