Question
The spread on an over-the-counter transaction is ______ the difference between the cost and subsequent sales price of a security the difference between the bid
The spread on an over-the-counter transaction is ______
the difference between the cost and subsequent sales price of a security
the difference between the bid and ask price of a security
the commission charged by the broker on listed securities
the difference between a market order and a limit order.
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
1st Edition
0131163604, 9780131163607
