Problem 18-01 Profit or loss on New Stock Issue Security Brokers Inc. specializes in underwriting new issues by small firms. On a recent offering of Beedles Inc., the terms were as follows Price to publici Number of shares: Proceeds to Beedles: $5 per share 3 milion $14,000,000 The out-of-pocket expenses incurred by Security Brokers in the design and dist following average price? on of the issue were $320,000. W at profit or loss would Security Brokers incur if the issue were sold to the public at the a $5.25 per share? Use minus sign to enter loss, if any, 6. $6.5 per share? Use minus sign to enter loss, any. c. $4 per share? Use minus sign to enter loss, if any