Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Finra Series-6 Exam - Topic 3 Question 4 Discussion

The price at which an investor can sell a security to a market maker in the over-the-counter market is called the:
C) bid price.
A) sale price.
B) put price.
D) ask price.

Finra Series-6 Exam - Topic 3 Question 4 Discussion

Actual exam question for Finra's Series-6 exam
Question #: 4
Topic #: 3
[All Series-6 Questions]

The price at which an investor can sell a security to a market maker in the over-the-counter market is called the:

Show Suggested Answer Hide Answer
Suggested Answer: C

An investor can sell a security to a market maker in the over -the-counter market at the bid price, which is the price at which the market maker is willing to buy the security.


by Freeman at May 07, 2022, 12:52 AM

Limited Time Offer

25%

Off

Get Premium Series-6 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Lorita
10 months ago
Just to clarify, the bid price is what buyers offer, right?
upvoted 0 times
...
Joaquin
10 months ago
Wait, is that really what it's called?
upvoted 0 times
...
Tyra
11 months ago
No way, it's the bid price for sure.
upvoted 0 times
...
Phung
11 months ago
I thought it was the ask price?
upvoted 0 times
...
Phillip
11 months ago
It's definitely the bid price!
upvoted 0 times
...
Linwood
11 months ago
I remember the ask price is what you pay to buy, so that can't be right. I think it's definitely between the bid and sale price.
upvoted 0 times
...
Louvenia
11 months ago
I keep getting confused between the bid price and the sale price. I think the bid price is correct, but I need to double-check that.
upvoted 0 times
...
Larue
11 months ago
I practiced a similar question where the terms were mixed up. I feel like the ask price is what sellers want, so that can't be it.
upvoted 0 times
...
Leigha
11 months ago
I think the answer might be the bid price, but I'm not entirely sure. I remember something about how it's the price buyers are willing to pay.
upvoted 0 times
...
Alona
11 months ago
I'm a bit confused by the different date ranges in the options. I'll need to double-check the requirements to make sure I understand what they're looking for.
upvoted 0 times
...
Naomi
11 months ago
I'm not completely sure, but I feel like we practiced a question where only cores could connect, which makes option B seem possible, but I could be mixing things up.
upvoted 0 times
...
Ashlyn
11 months ago
I can't recall the exact number, but I know it's a higher limit. Maybe around 25 or 30?
upvoted 0 times
...

Save Cancel