Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The bid - ask spread exists because of _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice discontinuities in the markets

The bid-ask spread exists because of __________blank.
Multiple Choice
discontinuities in the markets
lack of trading in thin markets
market inefficiencies
the need for dealers to cover expenses and make a profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Stability Website Fraud Confidence And The Wealth Of Nations

Authors: Frederick L. Feldkamp, R. Christopher Whalen

2nd Edition

1118935799, 978-1118935798

More Books

Students also viewed these Finance questions