The difference between the ask rate and the bid rate is known as the

A) arbitrage profit.
B) dealer's profit.
C) spread.
D) bid-ask spread.

Answer: D

Business

You might also like to view...

Instead of handling its logistics systems internally, a firm could hire a(n) ________ company to manage all or part of its distribution network

A) just-in-time B) RFID C) SKU D) TMS E) 3PL

Business

Ronald, the purchasing manager of Tellys Supermarket in Georgia, was asked to purchase an order of the latest videogame console, FunCase, to keep in the supermarket

However, due to a truckers' strike, he had to make a trip to the FunCase warehouse, which was in Florida. Ronald paid for the trip himself, went to the warehouse, procured the shipment, and returned. After he got back, Tellys Supermarket paid Ronald for the trip he made to Florida. What duty of the principal did Tellys Supermarket perform here when they paid Ronald for the trip to Florida? A) duty to cooperate B) duty to reimburse C) duty to compensate D) duty to indemnify

Business