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Question 18 Which of the following statement about the bid-ask spread is INCORRECT? O a) The ask price is usually higher than the bid price.

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Question 18 Which of the following statement about the bid-ask spread is INCORRECT? O a) The ask price is usually higher than the bid price. Ob) The bid-ask spread is a measure of liquidity on the quote-driven market. O c) The bid price is quoted by the brokerage firm. O d) Corporate bonds also have bid-ask spread

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