A security's bid price will be greater than its ask price.

Name: A security's bid price will be greater than its ask price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A security's bid price refers to the price at which a potential buyer is willing to purchase the security, while the ask price refers to the price at which a potential seller is willing to sell the security. Therefore, the bid price is typically lower than the ask price.

A Security's Bid Price Will Be Greater Than Its Ask