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If the dealer's spread on an over-the-counter security is $.75 and the ask price is $21.50, what is the bid price? Select one: a. $21.50
If the dealer's spread on an over-the-counter security is $.75 and the ask price is $21.50, what is the bid price?
Select one:
a. $21.50
b. $20.75
c. $20.25
d. $22.25
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
