There Is Customarily a Small Spread Between Bid and Asked

question 57

Multiple Choice

There is customarily a small spread between bid and asked prices of Treasury notes and bonds, because:

• A)they are traded at a discount from par.
• B)there is competition from other markets.
• C)the market for Treasury issues is liquid.
• D)there are not many government securities dealers.

---

Definitions:

Internal Integration

The process by which members of an organization learn to work together effectively, adapt to its culture, and build shared values and practices.

Collective Commitment

The shared dedication among members of a group to achieve common goals, which enhances cohesion and collaborative efforts.

Societal Mission

An organization's commitment to contributing to the welfare and improvement of society as a whole.

Cultural Symbol

Objects, signs, or emblems that carry particular meanings recognized by people who share a culture.