Question: Answer will be scanned, thumb down for plagiarism. 3. An investment bank pays $23 per share for 3,000,000 shares of the KDO company. It then

Answer will be scanned, thumb down for plagiarism. 3. An investment

Answer will be scanned, thumb down for plagiarism.

3. An investment bank pays $23 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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