Answered step by step
Verified Expert Solution
Question
1 Approved Answer
It's about principals of securities trading. I know from textbook ask price for investor is higher than bid. In real world, I saw Apple's bid
It's about principals of securities trading. I know from textbook ask price for investor is higher than bid. In real world, I saw Apple's bid is higher than ask. I would like to know why that happen, could you please explain this to me?Thank you.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started