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Business, 22.10.2019 23:00 pcastaneda03

An investment banker agrees to a firm commitment offering of two million shares of ace stock. the offer price is set at $55 and the spread is 50 cents per share. if the stock is actually sold to the public at $53.80, however, what is the investment banker's gain or loss?

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An investment banker agrees to a firm commitment offering of two million shares of ace stock. the of...
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