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Which one of the following statements concerning dealers and brokers in the financial markets is correct? Multiple Choice A broker deals solely in the primary

Which one of the following statements concerning dealers and brokers in the financial markets is correct? Multiple Choice A broker deals solely in the primary market. A broker earns income in the form of a bid-ask spread. A dealer in market securities arranges sales between buyers and sellers for a fee. A broker never assumes ownership of the securities being traded. A dealer pays the ask price when purchasing securities.

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