In a dealer market, some dealers hold a certain inventory of specific securities and create a liquid market by purchasing and selling their inventories. these dealers make a market and are thus called market makers. agents in the market bring investors to the dealers through a network of terminals and electronic systems. where do dealer profits come from in a dealer market?
interest charges
the bid-ask spread
dividend payments
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Need today! will get brainliest for right answer! compare and contrast absolute advantage and comparative advantage.
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On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?
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In a dealer market, some dealers hold a certain inventory of specific securities and create a liquid...
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