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2 0 . Kim placed an order with her broker for 8 0 0 shares of each of three IPOs being offered this week. Each

20. Kim placed an order with her broker for 800 shares of each of three IPOs being offered this week. Each of the IPOs has an offer price of $25. The number of shares allocated to Kim along with the closing prices on the first trading day are:
Stock Shares Allocated Price
A 800 $24.15
B 38028.43
C 28030.87
What is Kim's total profit on these three stocks at the end of the first day of trading?

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