Question
A market maker has posted a bid-offer of $15.00-$15.25 for an oil and gas company, ENR Energy. This would tell the market that A. If
A market maker has posted a bid-offer of $15.00-$15.25 for an oil and gas company, ENR Energy. This would tell the market that
A. If you want to buy the stock right now you must pay $15.00 and if you want to sell the stock right now you will receive $15.25.
B. If you want to buy the stock right now you should pay between $15.01 and $15.24 and if you want to sell the stock right now you will receive between $15.01 and $ 15.24.
C. If you want to buy the stock right now you must pay $15.25 and if you want to sell the stock right now you will receive $15.00
D. Market makers are not responsible for posting bid-offers.
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The Handbook Of The Political Economy Of Financial Crises
Authors: Martin H. Wolfson, Gerald A. Epstein
1st Edition
0199757232, 978-0199757237
