Question: Question 13 (1 point) Winchell Co. and Parkview Co. both announce an IPO at $40 per share; One company is undervalued by 20% and the

Question 13 (1 point) Winchell Co. and Parkview Co. both announce an IPO at $40 per share; One company is undervalued by 20% and the other is overvalued by 10%. Unfortunately. you do not know which one is a bargain. You intend offer to purchase 1000 shares of each company. However, if the issue is underpriced, you will only receive a rationed allotment of 500 shares. What profit do you expect? $4000 $800 $0 $2000 $800

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