Correctly answer each part of question 4. Answer choices have been provided.

4. The stock market AaAa A stock market is a public market for trading a company's debt securities equities The bid-ask spread in a dealer market represents the profit that a dealer would make on a transaction involving a security. Which of the following statements best describes the bid-ask spread? O The difference between the closing price of the security and the opening price of the security on the day of the transaction The sum of the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it O The difference between the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it Term Value Bid price Ask price Bid-ask spread $27.50 $38.50 $33.00