The Bid/ask Spread for Small Retail Transactions Is Commonly in the Range

question 35

Multiple Choice

The bid/ask spread for small retail transactions is commonly in the range of ______ percent;the bid/ask spread for wholesale transactions is commonly in the range of ______ percent.

• A) 3 to 7;.01 to .03
• B) 2 to 5;.05 to .10
• C) 10 to 15;.01 to .03
• D) 1 to 2;.05 to .07

---

Definitions:

Date of Declaration

The specific date on which a company's board of directors announces the distribution of a dividend or other corporate action.

Marketable Equity Securities

Financial instruments that represent ownership in public companies and can be easily bought or sold in public stock markets.

Realized Gain

Profit resulting from the sale of an asset or investment for more than its purchase price.

Stock Dividend

A disbursement from a corporation to its shareholders, using shares as the medium instead of cash.