An investment bank pays 2350 per share for 3000000 shares


Question: An investment bank pays $23.50 per share for 3,000,000 shares of the KDO company. It then sells these shares to the public for $25. How much money does KDO receive? What is the investment banker's profit? What is the stock price of KDO?

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Finance Basics: An investment bank pays 2350 per share for 3000000 shares
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