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Nermine placed an order with her broker to purchase 1,500 shares of each of three IPOs that are being released this month. Each IPO has

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Nermine placed an order with her broker to purchase 1,500 shares of each of three IPOs that are being released this month. Each IPO has an offer price of $21 per share. The number of shares allocated to her along with the closing stock price at the end of the first day of trading for each stock, are as follows: Shares End of Day Stock Allocated 1 Price A 750 $ 23.60 B 1500 18.00 950 29.10 What is her total profit or loss on these three stocks as of the end of the first day of trading for each stock

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