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Which of the following about the bid-ask spread is NOT correct? Group of answer choices The bid price is less than the ask price The

Which of the following about the bid-ask spread is NOT correct? Group of answer choices The bid price is less than the ask price The bid-ask spread will be less to the extent that the anticipated risk of large equilibrium price changes is low The bid-ask spread will be less to the extent that the expected volume of transactions is low The smaller the bid-ask spread, the less the liquidity

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