The price at which a dealer is willing to sell a security in the market is called the ___________ price. This is the ___________ of the two prices quoted for securities.

Question

Quizplus · Accepted Answer

The price at which a dealer is willing to sell a security in the market is called the Ask price, which is always higher than the Bid price. The Bid price is the price at which a dealer is willing to buy a security, and it is always lower than the Ask price. Therefore, the correct answer is A) Ask; higher.

The Price at Which a Dealer Is Willing to Sell