Question: ( ) 7 . William Securities is a dealer holding ABC securities , buying the security at $ 5 5 . 5 5 , selling

()7. William Securities is a dealer holding ABC securities, buying the security at $55.55, selling
at $57.93. The ask price is , while the bid-ask spread is
A. $55.55;$2.38
B. $57.93;$2.38
C. Lower than the ask price; higher than the bid price
D. Higher than the ask price; $2.38

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