BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bid price
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Event/Sale
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Ask price
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Permanent price change
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Detailed explanation-1: -The ask price is the lowest price a seller of a commodity is willing to accept for that commodity.
Detailed explanation-2: -The ask price represents the minimum price that a seller is willing to take for that same security.
Detailed explanation-3: -The term “bid” refers to the highest price a buyer will pay to buy a specified number of shares of a stock at any given time. The term “ask” refers to the lowest price at which a seller will sell the stock. The bid price will almost always be lower than the ask or “offer, ” price.
Detailed explanation-4: -A Bid is the price selected by a buyer to buy a stock, while the Offer is the price at which the seller is offering to sell the stock.
Detailed explanation-5: -Key Takeaways An offer price is another term for ask price. A bid price is always lower than the ask price. The difference between a bid price and ask price is called the spread.