A trader is willing to purchase 1000 shares of xyz stock, Ask an Expert

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A trader is willing to purchase 1,000 shares of XYZ stock for a purchase price of $28.00 per share. Another trader is willing to sell 1,500 shares of XYZ stock at a selling price of $28.25 per share.

Question: Considering the number of shares that the dealer can buy from one trader and immediately sell to another trader, what will be the dealer's profit from this transaction, excluding any inventory effects?

a. $375

b. $28,250

c. $125

d. $250

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91670916

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