Business, 30.04.2021 01:00 ariloveshorses
Robert placed an order with his broker to purchase 500 shares of each of three IPOs that are being released this month. Each IPO has an offer price of $21 a share. The number of shares allocated to Robert, along with the closing stock price at the end of the first day of trading for each stock, are as follows: StockShares AllocatedEnd of Day 1 Price A 220 $23.60 B 450 18.00 C 175 29.10 What is his total profit or loss on these three stocks as of the end of the first day of trading for each stock
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Robert placed an order with his broker to purchase 500 shares of each of three IPOs that are being r...
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