Stain Corp is preparing an IPO that has generated a substantial amount of excitement You manage a stock investment portfolio for two large clients You also manage your own portfolio and a proprietary portfolio for your firm You have performed a detailed analysis of the Stain Corp and have decided to subscribe as follows to the IPO Customer A 1000 shares Customer B 1000 shares Firm's Portfolio 1000 shares Your Personal Portfolio 1000 shares Totals 4000 shares 1200 shares You then find out that the IPO is oversubscribed and that you will only be permitted to buy 1,200 shares for all of your accounts Suggest an allocation of the shares that conforms to the CFA standards of practice

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Question: Stain Corp. is preparing an IPO that has generated a substantial amount of excitement. You manage a stock investment portfolio for two large clients. You

Stain Corp. is preparing an IPO that has generated a substantial amount of excitement. You manage a stock investment portfolio for two large clients. You also manage your own portfolio and a proprietary portfolio for your firm . You have performed a detailed analysis of the Stain Corp and have decided to subscribe as follows to the IPO.

Customer A	1000 shares	?
Customer B	1000 shares	?
Firm's Portfolio	1000 shares	?
Your Personal Portfolio	1000 shares	?
Totals	4000 shares	1200 shares

You then find out that the IPO is oversubscribed and that you will only be permitted to buy 1,200 shares for all of your accounts. Suggest an allocation of the shares that conforms to the CFA standards of practice.

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