Business, 05.09.2020 03:01 kathleendthomas

The bid-ask spread in a dealer market represents the profit that a dealer would make on a transaction involving a security. Which of the following statements best describes the bid-ask spread? A) The sum of the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it.
B) The difference between the closing price of the security and the opening price of the security on the day of the transaction
C) The difference between the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it

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