Business, 28.02.2020 22:45 lm942747

Kim placed an order with her broker for 750 shares of each of three IPOs being offered this week. Each of the IPOs has an offer price of $24. The number of shares allocated to Kim along with the closing prices on the first trading day are: Stock Shares Allocated Price A 750 $ 23.15 B 370 27.43 C 260 29.87.What is Kim's total profit on these three stocks at the end of the first day of trading?

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Kim placed an order with her broker for 750 shares of each of three IPOs being offered this week. Ea...