A dealer will buy at the ________ price and sell at the ________ price.

Name: A dealer will buy at the ________ price and sell at the ________ price.
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Question

Quizplus · Accepted Answer

The bid price is the highest price a buyer is willing to pay for a security or asset, while the ask price is the lowest price a seller is willing to accept for the same security or asset. Therefore, a dealer will buy at the bid price and sell at the ask price, making the difference between the two prices as their profit. Hence, D is the correct answer.

A Dealer Will Buy at the ________ Price and Sell