Which one of these statements is correct?
A) Investors earn a return called a spread.
B) Dealers pay a fee, called the spread, to brokers.
C) Investors sell at the ask price.
D) Dealers buy at the bid price.
E) Brokers maintain an inventory of securities.
D) Dealers buy at the bid price.
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The parts department shows gross sales of $116,000 and cost of goods sold of $38,000 . What is the gross profit percentage of the parts department?
a. 67.2% b. 32.8% c. 48.7% d. 51.3%
Cost of goods manufactured is equal to
a. Direct Materials + Direct Labor + Overhead. b. Beginning Work in Process Inventory + Total Manufacturing Costs – Ending Work in Process Inventory. c. Beginning Work in Process Inventory + Period Costs – Ending Work in Process Inventory. d. Beginning Work in Process Inventory + Product Costs.
The managerial problem—
a. describesobservable facts. b. is identical to the research problem. c. is identical to the research purpose. d. is always stated in question form.
What do financial economists mean when they discuss the conditional expectation of the future spot exchange rate?
What will be an ideal response?