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On a given day a bond broker maintains a bid of $1,008.50 for a bond and an ask price of $1,010.25. The broker made 23
On a given day a bond broker maintains a bid of $1,008.50 for a bond and an ask price of $1,010.25. The broker made 23 trades that totaled 1,150 bonds traded that day. What was the broker's gross trading profit for this security?
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