Answer:
b. Ask Price
Explanation:
First of all, let me explain the terminologies mentioned in the options. Bid price is the price which you are willing to pay to buy a stock. On the other hand, Ask price will be the price at which the seller is willing to sell the security.
The price is set by the broker. One thing to remember here is that Ask Price will be more than the Bid Price and the spread is the profit of broker.
If you need some more explanation, do let me know.
Answer:
The correct answer is letter "B": the ask price.
Explanation:
The National Association of Securities Dealers Automated Quotation or NASDAQ is the second most important stock exchange after the New York Stock Exchange (NYSE). The NASDAQ is well-known for listing most of the major technological firms. While trading in the NASDAQ, stock purchases are made to the ask price by default. Though, purchases can be made at the bid price or the market price with special purchase orders.
