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An investment bank pays $33.50 per share for 4 million shares of GM Company in...

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Finance

An investment bank pays $33.50 per share for 4 million shares of GM Company in a firm commitment stock offering. It then can sell those shares to the public for $32 per share. a. How much money does GM receive? (Enter your answer in dollars, not in millions.) b. What is the profit to the investment bank? (Enter your answer in dollars, not in millions. Negative amount should be indicated by a minus sign. Do not round intermediate calculations.) c. What is the

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