A dealer that quotes a concession of ½ to another dealer means:

A dealer that quotes a concession of ½ to another dealer means:

A dealer that quotes a concession of ½ to another dealer means:


A) ½% of the market price.

B) ½% of the dealer's price.

C) a 50% commission split.

D) $5 per $1,000 of par.



Answer: D) $5 per $1,000 of par.


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