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(Solved): On a given day a stock dealer maintains a bid price of $1,002.00 for a bond and an ask price of $1,0 ...
On a given day a stock dealer maintains a bid price of $1,002.00 for a bond and an ask price of $1,005.50. The dealer made 10 trades that totaled 500 bonds traded that day. What was the dealer's gross trading profit for this security?