In a stock market report, the open price represents the A. price a dealer is willing...
In a stock market report, the open price represents the A. price a dealer is willing to pay. B. price at which a designated market maker will sell. C. first trade of the day. D. closing price on the previous trading day. E. current bid price.
Homework Answers
ANSWER
CORRECT
OPTION : Option (C) : first trade of the day
Explanation
:
- Open Price is basically that price at which first trade takes place on any recognised Stock Exchange.
- Open price can be different from price what a dealer is willing to pay or price at which designated seller will sell or closing price of previous day or even current bid price.
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