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The Woods Co, and the Metroy Co have both announced IPOs at $48 per share one of these is undervalued by $13.00, and the other

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The Woods Co, and the Metroy Co have both announced IPOs at $48 per share one of these is undervalued by $13.00, and the other is overated by 50,25, but you have no way of knowing which is which you plan on buying 1,400 shares of each issue. If an issue is underpriced, it will be rationed and only half your order will be filed Assuming you could get 1400 shares in Woods and 1,400 shares in Mcllroy, what would your profit be? (Do not round intermediate cateulations and round your answer to the nearest whole number, 0.0.32.) Profil What profit do you actually expect? (Do not round intermediate calculations and round your answer to 2 decimal places, *.0, 12.16.) Expected profit What principle have you hustrated Winner's curso Prison's dem Bakve

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