42. Rehman Sisters, an investment bank, agrees to a firm commitment offering of 2 million shares of Pear Computer stock. The bid price is set at $54.50 and the spread is 50 cents per share. If the stock is actually sold to the public at $53.80 however, what is the investment banker's gain or loss? A) $1,400,000 gain B) $1,400,000 loss C) c$500,000 gain D) $500,000 loss E) $2,400,000 loss.