How much money did the dealer make on the bid-ask spread

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1-Concisely explain the economic role of brokers, dealers, investment bankers and the role of the New York Stock Exchange specialist

2-If a bond dealer bought a $100,000 municipal bond at 92% of par and sold it at 96% of par, how much money did the dealer make on the bid-ask spread?

3-List and concisely discuss the risks faced by bond investors

Reference no: EM13222639

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How much money did the dealer make on the bid-ask spread : 1-Concisely explain the economic role of brokers, dealers, investment bankers and the role of the New York Stock Exchange specialist 2-If a bond dealer bought a $100,000 municipal bond at 92% of par and sold it at 96% of par, how much money did th..
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