Kim placed an order with her broker for 800 shares of each of three IPOs being offered this week. Each of the IPOs has an offer price of $30. The number of shares allocated to Kim along with the closing prices on the first trading day are:
Stock Shares Allocated Price
A 700 $ 29.15
B 430 33.86
C 340 36.43
What is Kim's total profit on these three stocks at the end of the first day of trading?
Answers: 3
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Kim placed an order with her broker for 800 shares of each of three IPOs being offered this week. Ea...
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