Question
On a given day a bond broker maintains a bid of $1,011.00 for a bond and an ask price of $1,015.00. The broker made 28
| On a given day a bond broker maintains a bid of $1,011.00 for a bond and an ask price of $1,015.00. The broker made 28 trades that totaled 1,400 bonds traded that day. What was the broker's gross trading profit for this security? |
rev: 02_21_2014_QC_44798, 05_13_2014_QC_49536
| $3,136.00 | |
| $5,600.00 | |
| $7,000.00 | |
| $1,400.00 |
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Handbook Of Heavy Tailed Distributions In Finance
Authors: S.T Rachev
1st Edition
0444508961, 9780444508966
