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Which one of these statement is correct? a. Investors earn a return called a spread. b. Dealers pay a fee, called the spread, to brokers.

Which one of these statement is correct? a. Investors earn a return called a spread. b. Dealers pay a fee, called the spread, to brokers. c. Investors sell at the ask price. d. Dealers buy at the bid price. e. Brokers maintain an investory of securities.

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