Kim placed an order with her broker for 700 shares of each of three IPOs being offered this week. Each of the IPOs has an offer price of $26. The number of shares allocated to Kim along with the closing prices on the first trading day are:

Kim placed an order with her broker for 700 shares of each of three IPOs being offered this week. Each of the IPOs has an offer price of $26. The number of shares allocated to Kim along with the closing prices on the first trading day are: shares Stock Allocated A 700 B 360 280 Price $25.15 29.17 31.19 What is Kim's total profit on these three stocks at the end of the first day of trading? Multiple Choice $1,999.40 o $2,285.00 O $5,257.00 $858.20 O O $3,628.20 3,628,7