In relation to financial assets and financial liabilities,the price a dealer is willing to pay is referred to as the:
A)ask price.
B)bid price.
C)issue price.
D)purchase price.

Question

Quizplus · Accepted Answer

The bid price is the price at which a dealer is willing to buy a financial asset, while the ask price is the price at which a dealer is willing to sell a financial asset. The issue price is the price at which a company offers its securities to the public, while purchase price can refer to the price paid by an investor to buy a financial asset.

In Relation to Financial Assets and Financial Liabilities,the Price a Dealer