On a given day a stock dealer maintains a bid price of $1,005.50 for a...
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Finance
On a given day a stock dealer maintains a bid price of $1,005.50 for a bond and an ask price of $1,008.25. The dealer made 17 trades that totaled 850 bonds traded that day. What was the dealer's gross trading profit for this security?
a.)$2,337.50
b.) $850.00
c.) $3,187.50
d.) $794.75
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