Find out the actual profit

Reference no: EM131085352

The Sun Co. and the Moon Co. have both announced IPOs at $40 per share. One of these is undervalued by $9 and the other is overvalued by $4.25 but you have no way of knowing which is which. You plan buying 1,000 shares of each issue. If an issue is underpriced, it will be rationed and only half your order will be filled. If you could get 1,000 shares in Sun and 1,000 shares in Moon what would your profit be? What profit do you actually expected? What principle have you illustrated?

Reference no: EM131085352

Questions Cloud

Point between the plates : During the discharging, at a point between the plates at radial distance 2.00 cm from the central axis, the magnetic field has a magnitude of 10.0 nT.

Magnitude of the electric field between the plates : Oppositely charged parallel plates are separated by 5.35 mm. A potential difference of 600 V exists between the plates. (a) What is the magnitude of the electric field between the plates?

Face of the zirconia crystal : A costume jewelry pendant made of cubic zirconia is submerged in oil. A light ray strikes one face of the zirconia crystal at an angle of incidence of 29 degree.

Isotopic composition of atmospherc carbon dioxide : If the concentration of carbon dioside in the atmosphere was rising due to increased buring (or decay) of plants around the world, what changes would we see in isotopic composition of atmospherc carbon dioxide?

Find out the actual profit : The Sun Co. and the Moon Co. have both announced IPOs at $40 per share. One of these is undervalued by $9 and the other is overvalued by $4.25 but you have no way of knowing which is which.

Longest possible wavelength : An otherwise free metal rod of length L= 55.0 cm is clamped at a pointL/6 from one end. A standing wave is set up on the rod. What is its longest possible wavelength.

Capacitance of the capacitor : (A) If the circuit is tuned to a radio station broadcast at 530 kHz, then what is the capacitance of the capacitor? (B) Same circuit with same L, what value of C is required to tune into station broadcasting at 1280 kHz?

Uniformly distributed throughout the cartridge : Assume all the corrosion product activity has decayed out except for 2.3 Ci of Co-60 which is uniformly distributed throughout the cartridge.

Formulate an effective legal description : Would you be able to formulate an effective legal description of battered woman's syndrome? If so, what would it be?

User Account

All Pages