Solution-What is kim total profit on these three stocks

What is kim total profit on these three stocks

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Reference no: EM133155493

Question - Kim placed an order with her broker for 500 shares of each of three IPOs being offered this week. Each of the IPOs has an offer price of $29. The number of shares allocated to Kim along with the closing prices on the first trading day are:

Stock	Shares Allocated	Price
A	500	$28.15
B	390	32.17
C	340	34.19

Required - What is Kim total profit on these three stocks at the end of the first day of trading?

Reference no: EM133155493

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What is kim total profit on these three stocks

Reference no: EM133155493

Reference no: EM133155493

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