Question 1
At the market close on June 13, 2019 Apple Inc. (AAPL) common stock was trading at an ask price of $191.10 and a bid price of $190.35. Apple's previous closing price was $194.19. What is the bid/ask spread of Apple?
◦ $0.75
◦ $3.84
◦ $3.09
◦ -$0.75
Question 2
Large technology companies such as IBM and Microsoft trade
◦ exclusively on the NASDAQ.
◦ exclusively on the NYSE.
◦ on either the NASDAQ or the NYSE.
◦ exclusively on alternative trading systems.