Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A dealer in an over - the - counter - market makes a profit based off of: LIBOR rate commission only bid - ask spread
A dealer in an overthecountermarket makes a profit based off of:
LIBOR rate
commission only
bidask spread
a drop in stock prices only
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started