subject
Business, 14.12.2019 05:31 debramknoxx

The koepka co. and the johnson co. both have announced ipos at $40 per share. one of these is undervalued by $12.25, and the other is overvalued by $5.50, but you have no way of knowing which is which. you plan on buying 1,000 shares of each issue. if an issue is underpriced, it will be rationed, and only half your order will be filled.

a) if you could get 1,000 shares in koepka and 1,000 shares in johnson, what would your profit be
b) what profit do you actually expect? (do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.)
c) what principle have you illustrated? profit expected profit principle break-even prisoner's dilemma winner's curse

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
Identify the management, organization, and technology factors responsible for slow adoption rates of internal corporate social networks.when a company decides to launch a social networking program the management, all need to be on board with the launch. from the ceo down to the shift or assistant manager everyone needs to know its coming and be excited. the organization of such a launch needs to be mapped out, and training provided for the new systems. within the company, they need to make sure the technology at hand (computers, tablets, and company phones), are all compatible with the system. when a company launches a new system, and the find that the employees are not adopting it, they need to investigate the reasons. is the management at all level's onboard? did we organize the launch properly? do we have the right technology for the system? things can goeither way but if
Answers: 2
question
Business, 22.06.2019 04:30
What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience
Answers: 2
question
Business, 22.06.2019 07:10
mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.
Answers: 1
question
Business, 22.06.2019 16:00
Which plan offers a tax-free education?
Answers: 1
You know the right answer?
The koepka co. and the johnson co. both have announced ipos at $40 per share. one of these is underv...
Questions
question
Biology, 18.05.2021 04:20
question
Mathematics, 18.05.2021 04:20
Questions on the website: 13722362