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Deere and Bros. is a broker that brings new issues of small firms to the public market. Its most recent deal for Blossom, Inc., had
Deere and Bros. is a broker that brings new issues of small firms to the public market. Its most recent deal for Blossom, Inc., had the following characteristics: The legal fees were $152,000, printing costs were $56,700, and all the other expenses were $73,000. What is the profit or loss for Deere and Bros
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