What is the profit (loss) to the investment banker?
A) Profit of $1,000,000.
B) Profit of $2,000,000.
C) Profit of $7,000,000.
D) Loss of $7,500,000.
E) Loss of $1,000,000.
Correct Answer:
Verified
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A)$15,000,000.
B)$84,000,000.
C)$76,200,000.
D)$82,200,000.
E)$110,000,000.
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