Question 1
A market where securities are are bought from or sold to a market maker is known as a
◦ broker market.
◦ dealer market.
◦ exchange floor.
◦ board of exchange.
Question 2
At the market close on June 13, 2019 Alphabet Inc. (GOOG) common stock was trading at an ask price of $1,099.99 and a bid price of $1,082.04. What is the bid/ask spread?
◦ $17.95
◦ $14.32
◦ 1.017x
◦ .9837