Answer: b. is the price that a dealer stands ready to pay
Explanation:
A bid price is the highest amount of money a buyer is willing to pay for the purchase of a good, an asset or security. It is quite different from a sell price, a sell price is the amount someone desires to sell an asset. The difference between a bid price and sell price is called SPREAD.
Bid price is targeted at getting a comfortable amount from whoever is making the bid. A case when there are multiple bid can lead to what is called bidding war, when these happens there is incrementally higher bids in which the highest bidder wins.
Answer:
The correct answer is letter "B": is the price that a dealer stands ready to pay.
Explanation:
The price of the bid is the amount a buyer is willing to pay for a security. The bid price is opposed to the ask price which is the sum that a seller will consider for a security. The current price of a security is the last price paid for it and is usually different from both the bid and the ask.
