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Business, 20.12.2019 02:31 athenadailey8717

An investment bank agrees to pay $26.75 for 5 million shares of a company in a firm commitment stock offer­ing. it then can sell those shares to the public for $25.50 per share. what is the profit to the investment bank?

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An investment bank agrees to pay $26.75 for 5 million shares of a company in a firm commitment stock...
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