4-95 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 $12,500,000.
Correct Answer:
Verified
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B)$
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