SIE Exam Practice Question 246
Question: 246
A customer wishes to liquidate 100 shares of ABC common at the market. If the current inside market is 904.78 – 905.57, the client's transaction will occur disregarding commissions and other charges at
Correct Answer: B
Explanation:
B: The best (inside) bid is the price at which a client's liquidation (sell) order will be executed.
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