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The Peter Corp. and the Sellers Company have both announced IPOs. You place an order for 1.425 shares of each IPO. One of the IPOs

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The Peter Corp. and the Sellers Company have both announced IPOs. You place an order for 1.425 shares of each IPO. One of the IPOs is underpriced by $10.50 and the other is overpriced by $3.25. If you could get all of the shares you ordered for each IPO, what would your profit be? Multiple Choice $9,901.25 $12.956.25 $11,644.25 O $10.221.26 $10,120.25

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