If the market maker will buy at 4 and sell at 4.50, the bid-ask spread is
a. 8.50
b. 4.25
c. 0.50
d. 4.00
e. none of the above
Answer: C
If the market maker will buy at 4 and sell at 4.50, the bid-ask spread is
a. 8.50
b. 4.25
c. 0.50
d. 4.00
e. none of the above
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