An investment bank agrees to underwrite an issue of 20,000,000 shares of stock for Murray Construction Corp. on a firm commitment basis. The investment bank pays $16.50 per share to Murray for the 20,000,000 shares of stock. It then sells those shares to the public for \$15.75 per share. How much money does Murray receive? What is the profit to the investment bank? Murray: \$330,000,000, Investment Bank: \$315,000,000 Murray: $310,000,000, Investment Bank: $15,000,000 Murray: $315,000,000, Investment Bank: $15,000,000 Murray: \$330,000,000, Investment Bank: $15,000,000 Murray: $310,000,000, Investment Bank: $15,000,000