The difference between the quoted buy and sell price of a stock is referred to as the spread of the stock. The average spread of the stocks is lowest on
Explanation:
Average spread on
Monday = (2 + 1 + 2 + 1 + 2)/5 = 1.6
Tuesday = (3 + 1 + 3 + 1 + 1)/5 = 1.8
Wednesday = (1 + 3 + 2 + 5 + 5)/5 = 3.2
Thursday = (3 + 3 + 4 + 4 + 2)/5 = 3.2
Friday = (1 + 2 + 3 + 3 + 4)/5 = 2.6
Hence, option (a).
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