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Dealer's spread is most accurately defined by which of the following statements? a. Dealer's spread refers to the difference between the bid and asked prices
Dealer's spread is most accurately defined by which of the following statements? a. Dealer's spread refers to the difference between the bid and asked prices of a security and represents the dealer's markup, or profit. b. Dealer's spread refers to the sum of the bid and asked prices of a security and represents the dealer's total revenue from the transacti c. Dealer's spread refers to the sum of the bid and asked prices of a security and represents the dealer's markup, or profit margin
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