The Irontown Independent School District wants to sell a parcel of unimproved land that it does not

Question:

The Irontown Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows: from the State Department of Public Safety (DPS), $4.3 million; from Trinity Lutheran Church, $4.2 million; and from Baker Motors, $3.9 million. DPS would use the property for a new state highway patrol barracks, Trinity would start a church school, and Baker would open a car ship. As the financial adviser for the school district, which offer would you prefer? Why?
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...