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tbparker tbparker
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7 months ago
What is the spread for an investment dealer who purchases shares for a fixed price of $13 each and resells them to the public at a price of $15 each?

▸ $15

▸ $2

▸ $28

▸ The spread can only be determined when the number of shares both purchased and sold is known.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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callisonrcallisonr
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7 months ago
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