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Basic Question 6 of 13

The market bid-ask is the difference between ______ and ______.

A. the highest bid; the highest ask
B. the lowest bid; the highest ask
C. the highest bid; the lowest ask

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Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

compare execution, validity, and clearing instructions

compare market orders with limit orders

CFA® 2024 Level I Curriculum, Volume 3, Module 1.