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An investment bank pays $24.20 per share for 3,070,000 shares of the KDO company It then sells these shares to the public for $25. a.

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An investment bank pays $24.20 per share for 3,070,000 shares of the KDO company It then sells these shares to the public for $25. a. How much money does KDO receive? b. What is the investment banker's profir? c. What is the stock price of KDO? (For all requirements, enter your answers in dollars, not in millions.)

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