Question
In a dealer market, relatively few dealers hold inventories of specific stocks. They are said to make the market for the stocks they hold.
In a dealer market, relatively few dealers hold inventories of specific stocks. They are said to " make the market" for the stocks they hold. Where do dealer profits come from in a dealer market?
A. Interest charges
B. Management fees
C. Bid-ask spread
D. Dividend payments
E. Commissions
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
