Studies Show That the Bid-Ask Spread for the Least Liquid

question 38

Multiple Choice

Studies show that the bid-ask spread for the least liquid shares may be as high as ________.

• A)3%
• B)5%
• C)9%
• D)12%

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Definitions:

Rent Proceeds

The income received by a property owner from leasing their property to a tenant.

Legal Position

A stance or perspective based on law regarding a particular issue or set of facts.

Assignment

The transfer of rights, property, or obligations from one party to another.

Paint Peeling

The process where paint loses adhesion and strips away from the surface it was applied to, often due to age, environmental conditions, or poor application.