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Rowyn placed an order with her broker to purchase 3 0 0 shares of each of three IPOs that are being released this month. Each
Rowyn placed an order with her broker to purchase shares of each of three IPOs that are being released this month. Each IPO has an offer price of $ per share. She received allocations of shares of A shares of B and shares of C On their respective first days of trading, Stock A closed at $ per share, Stock B closed at $ per share, and Stock C closed at $ per share. What is her combined total firstday profit or loss on these three IPOs?
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