Question: Ask Jeeves went public for $14 a share and traded for $65 on the first day and for $190 after three months. Suppose that you

Ask Jeeves went public for $14 a share and traded for $65 on the first day and for $190 after three months. Suppose that you bought 100 shares at the initial offer price, 100 shares on the first day of trading, and another 100 shares after three months. Use a search engine such as Google to find out what happened to your investment by typing in “Ask Jeeves buyout.” How much did you make or lose on your investments in Ask Jeeves?

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