ACI
3I0-013 · Question #208
The difference between the bid and the offer rate of a money market quotation is called:
The correct answer is A. The margin. See the full explanation below for the reasoning.
Question
The difference between the bid and the offer rate of a money market quotation is called:
Options
- AThe margin
- BThe spread
- CThe variation
- DThe premium
How the community answered
(19 responses)- A74% (14)
- B11% (2)
- C11% (2)
- D5% (1)
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