Price formation · Question 7 of 12
What does the ask price denote?
1 answer is correct. Easy
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Answer
- D The price at which a seller is willing to sell
Explanation
The ask price is the price on the selling side, the bid price the price on the buying side. As a buyer, you usually pay the ask price; as a seller, you receive the bid price. In German, they are called Briefkurs and Geldkurs.