Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'official closing price'?

A. highest bid price a prospective buyer is willing to pay at a particular time for a given security
B. price of the final trade of a security at the end of a trading day on a given exchange
C. amended closing price to reflect a security's value after accounting for any corporate actions, such as stock splits, dividends, and rights offerings
D. lowest price acceptable to a prospective seller for a given security at a particular point in time

Answer: price of the final trade of a security at the end of a trading day on a given exchange