Radiance Brokers Inc. specializes in underwriting new issues of stock (IPOs) for small firms. On a recent offering for BLM Corp. the terms were as follows: Number of shares = 3,000,000 Proceeds to BLM = $31,000,000 Expenses = $450,000 What profit or loss would Radiance Brokers incur if the issue was sold at a price of: a) $11.00 per share? ANSWER = $ Answer Is this a profit or loss? ANSWER = Answer b) $13.00 per share? ANSWER = $ Answer Is this a profit or loss? ANSWER = Answer c) $9.00 per share? ANSWER = $ Answer! Is this a profit or loss? ANSWER = Answer I (