Which of the following statements is true?

		The ask price a dealer quotes on a security is the price for which he is willing to sell the security.
		We can buy IBM shares from a stock broker.
		Any investor can buy securities from a private offering.
		A broker holds an inventory of securities

Expert Solution

Bid price is the price at which the security is bought and ask price is the quoted price at which security is sold.

Option A is correct.

jeff jeffy answered 2 years ago

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Which of the following statements is true?

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