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11. If a dealer bought 25,000 shares of stock at $25 per shares, then sold 5,000 of them at 25,50 per share and 20,000 of

11. If a dealer bought 25,000 shares of stock at $25 per shares, then sold 5,000 of them at 25,50 per share and 20,000 of them at 25,25 per share. ( 6 point) a) What is the dealer's gross profit? b) What is the dealer's average bid-ask spread

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