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Ask quote is for

A. seller

B. buyer

C. hedger

D. speculator

Answer: Option A

Solution(By Examveda Team)

Ask quote is for seller. The ask price represents the minimum price that a seller is willing to take for that same security. A trade or transaction occurs after the buyer and seller agree on a price for the security which is no higher than the bid and no lower than the ask.

This Question Belongs to Management >> International Finance And Treasury

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