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The difference between the buying and selling price of shares is known as?

Commerce
JAMB 2007

The difference between the buying and selling price of shares is known as?

  • A. brokerage
  • B. margin
  • C. jobber's turn
  • D. gross profit
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Correct Answer: Option C
Explanation

Jobber's turn is the difference between the price at which a jobber on the stock exchange market is prepared to buy a share and the price at which the jobber is prepared to sell.


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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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