If the investment bank can sell the shares for $34 per share, what is the profit (loss) to the investment banker?
A) Profit of $12,500,000.
B) Profit of $10,000,000.
C) Profit of $7,000,000.
D) Loss of $7,500,000.
E) Loss of $12,500,000.
Correct Answer:
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A)$139,500,500.
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