easy · Volume Price Analysis vpa-core

A market maker in an equity security quotes a bid of $104.25 and an ask of $104.40.

If they execute75,000shares on the bid and 75,000 on the ask in a single rotation, what is the captured gross profit from the spread?

  1. 7,500
  2. 11,250
  3. 15,000
  4. 18,750

Sign up free to see the explanation and track your rank →

More Volume Price Analysis vpa-core practice

KomFi: Test Prep Made Easy

KomFi: Test Prep Made Easy — free adaptive practice for GMAT, GRE, SAT, ACT, National Real Estate Exam, Investment Banking, and finance with full explanations.

KomFi Academy is free GMAT prep and personalized GMAT help built as a training platform: 92,240+ practice questions, 30,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks. Flagship tracks: Free GMAT Prep, Free GMAT Resources, National Real Estate Exam Prep, Investment Banking Prep, Finance Prep, GRE, SAT, ACT, LSAT, MCAT, Financial Accounting, Private Equity, Private Credit, and Quantitative Finance.

Free GMAT Prep & Personalized GMAT Help

What's inside

Topics

View pricing · Read testimonials