If the bid price is 1.84 and the ask price is 1.96, what is the bid-ask margin?
A: 12%
B: 1.2%
C: 6.1%
D: 6.5%
A: 12%
B: 1.2%
C: 6.1%
D: 6.5%
举一反三
- For banks, bid price is higher than ask price.
- For banks, bid price is lower than ask price.
- The bid price for a bank is 1.2400 US dollar per euro; and the ask price is 1.2408 dollar per euro. The spread would be __________.
- A<br/>dealer in British pounds who thinks that the pound is about to<br/>depreciate ( ) A: may<br/>want to widen his bid-ask spread by raising his ask price. B: may<br/>want to lower his bid price and his ask price. C: may<br/>want to lower his ask price. D: none<br/>of the above.
- The Bid price