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On a given day a stock dealer maintains a bid price of $1,001.50 for a bond and an ask price of $1,004.75. The dealer made

On a given day a stock dealer maintains a bid price of $1,001.50 for a bond and an ask price of $1,004.75. The dealer made 9 trades that totaled 450 bonds traded that day. What was the dealer's gross trading profit for this security?

A.$1,462.50

B.$450.00

C.$263.25

D.$1,912.50

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