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Question
Hammond Securities holds an inventory of ABC Corp. stock, buying at $65.00 and selling at $67.50. The bid is _____; the bid-ask spread is _____.a. $65.00; $2.50
b. $67.50; $2.50
c. lower than the ask price; higher than the bid price
d. higher than the ask price; $2.50
Answer
This answer is hidden. It contains 3 characters.
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