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An investment bank pays $25.50 per share for 3,200,000 shares of the KDO company. It then sells these shares to the public for $27. a.

An investment bank pays $25.50 per share for 3,200,000 shares of the KDO company. It then sells these shares to the public for $27.

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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