In the trading of a security, the dealer's spread refers to the sum of the bid and asked prices of a security, which represents the dealer's markup, or profit from a security transaction the difference between the bid and asked prices of a security, which represents the dealer's expenses from a security transaction the sum of the bid and asked prices of a security, which represents the dealer's revenue from a security transaction the ratio of the bid price of a security to its asked price, which represents the dealer's markup, or profit from a security transaction the difference between the bid and asked prices of a security, which represents the dealer's markup, or profit from a security transaction Even though the corporate form of business offers significant advantages over other forms of business, it does have major disadvantages. Select the true statement below as it relates to corporations. Transferring ownership is somewhat difficult It is subject to few government regulations and is easily formed It is complex and subject to double taxation It is difficult to obtain large sums of capital Other things held constant, if the Federal Reserve sells $75 billion of short-term U.S. Treasury securities to the public, what will this tend to do to interest rates? Interest rates will rise There will be no changes to interest rates Interest rates will decline Municipal bonds are issued by: non-governmental organizations. state and local governments. financial institutions. the federal government. commercial banks