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.

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Definitions:

Animals

Multicellular, eukaryotic organisms of the kingdom Animalia that are capable of locomotion, responsive to their environment, and feed by consuming other organisms.

Lactate

A compound produced during anaerobic metabolism, often associated with muscle fatigue.

NAD+

Nicotinamide adenine dinucleotide, a coenzyme present in all living cells that is crucial for energy metabolism and cellular functions.

ATP Molecules

Adenosine triphosphate molecules, which serve as the primary energy carrier in all living organisms, facilitating energy transfer within cells.