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Brent, a trader, wants to buy 1,000 shares of XYZ stock, while a second trader, Amara, is willing to sell 1,500 shares of the same
Brent, a trader, wants to buy 1,000 shares of XYZ stock, while a second trader, Amara, is willing to sell 1,500 shares of the same stock. Unfortunately, Brent and Amara don't know one another and must complete their transactions using the stock exchange's market-making dealer. XYZ's market maker is willing to sell her shares for $31.65 per share and purchase additional shares for $31.25 per share. Sele the most approperiate the following table: If the market maker is willing to purchase the entire block of 1,500 shares from Amara and, from that block, resell 1,000 shares to the market maker's net profit from Brent's transaction-excluding any inventory effects-will be
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