What is the investment banker profit

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Reference no: EM132050915

An investment bank pays $24.00 per share for 3,050,000 shares of the KDO company. It then sells these shares to the public for $25. a. How much money does KDO receive? Amount received by KDO $ b. What is the investment banker’s profit? Investment banker’s profit $ c. What is the stock price of KDO? Stock price of KDO $.

Reference no: EM132050915

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