Question
20. There are three markets: A, B and C. They are all trading shares in Telstra. The quotes are A: 2.05 - 2.09 B: 2.02
20. There are three markets: A, B and C. They are all trading shares in Telstra. The quotes are A: 2.05 - 2.09 B: 2.02 - 2.10 C: 2.06 - 2.11 In which market is the best buy price? Best sell price?
A. Buy C, Sell A
B. Buy B, Sell C
C. Buy A, Sell B
D. Buy B, Sell B
Why?
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
