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How much money does kdo receive

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Question: An investment bank pays $23.50 per share for 3,000,000 shares of the KDO company. It then sells these shares to the public for $25. How much money does KDO receive? What is the investment banker's profit? What is the stock price of KDO?

Reference no: EM131633207

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How much money does kdo receive : An investment bank pays $23.50 per share for 3,000,000 shares of the KDO company. It then sells these shares to the public for $25.
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