Question
You have been instructed to buy 100 shares in each of the following three initial public offerings. It has been set a price of 10
You have been instructed to buy 100 shares in each of the following three initial public offerings. It has been set a price of 10 per share for each public offering. The number of shares assigned to you (M which A) and the closing price of the first day is
| Share | M which A | Closing price |
| A | 100 | 8 |
| B | 80 | 11 |
| C | 20 | 15 |
What is the total gain or loss on these shares at the close of the first day?
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Handbook On Second Lien Loans & Intercreditor Agreements
Authors: Mark N. Berman, Jo Ann J. Brighton
1st Edition
0981865593, 978-0981865591
