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Suppose a security has a bid price of $58.40 and an ask price of $58.60. At what price would a market-maker sell the security to
Suppose a security has a bid price of $58.40 and an ask price of $58.60. At what price would a market-maker sell the security to you?
a. at any price between $58.40 and $58.60
b. 58.60
c. $58.50 ( the ave of $58.40 and 58.60)
d. $58.40
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