Business
Business, 14.02.2020 19:32, byronanderson

You are among the OTC market makers in the stock of Bio-Engineering, Inc. and quote a bid of $102.25 and an ask of $102.50. Suppose that you have a zero inventory. (a) On Day 1 you receive market buy orders for 10,000 shares and market sell orders for 4,000 shares. How much do you earn on the 4,000 shares that you bought and sold? What is the value of your investment?

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You are among the OTC market makers in the stock of Bio-Engineering, Inc. and quote a bid of $102.25...

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