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Question 774 - CTFA discussion

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Which of the following statements hold true for spread?

A.
It is a price asked by seller of securities from buyers
Answers
A.
It is a price asked by seller of securities from buyers
B.
It is a quoted price in order to buy shares of a company
Answers
B.
It is a quoted price in order to buy shares of a company
C.
It is the rate at which a dealer will buy the base currency
Answers
C.
It is the rate at which a dealer will buy the base currency
D.
It is the difference between bid and ask price
Answers
D.
It is the difference between bid and ask price
Suggested answer: D
asked 16/09/2024
Ankit Singh
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