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The Bert Corporation and Ernie, Incorporated, have bothannounced IPOs. You place an order for 850 shares of each IPO. Oneof the IPOs is underpriced by

The Bert Corporation and Ernie, Incorporated, have bothannounced IPOs. You place an order for 850 shares of each IPO. Oneof the IPOs is underpriced by $16.50 and the other is overpriced by$7.25. Yo 1 answer

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