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Lifelock Co. and SunLock, the two companies announced an IPO (Initial Public Offering) for $ 80 per share. However, one of these shares is undervalued
Lifelock Co. and SunLock, the two companies announced an IPO (Initial Public Offering) for $ 80 per share. However, one of these shares is undervalued by $ 10 and one is overvalued at 8. You plan to buy 2,000 shares of each share. If what was published was underpriced, this would be rational, and only half of your order could be realized. A. If you get 2,000 shares in Lifelock and 2,000 shares in SunLock, how much profit can you make? B. How much profit do you really expect? C. What principles can you describe
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