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On a given day a bond broker maintains a bid of $1,010.50 for a bond and an ask price of $1,014.50. The broker made 27
On a given day a bond broker maintains a bid of $1,010.50 for a bond and an ask price of $1,014.50. The broker made 27 trades that totaled 1,350 bonds traded that day. What was the broker's gross trading profit for this security? $5,400.00
$2,916.00
$1,350.00
$6,750.00
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