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An investment bank pays $24.30 per share for 3,080,000 shares of the KDO company. It then sells these shares to the public for $25. a.

An investment bank pays $24.30 per share for 3,080,000 shares of the KDO company. It then sells these shares to the public for $25.

a.
How much money does KDO receive?

Amount received by KDO $

b.
What is the investment bankers profit?

Investment bankers profit $

c.
What is the stock price of KDO?

Stock price of KDO $

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