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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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