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Investment banker's profit

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An investment banker pays $23.50 per share for 3,000,000 shares of the KDO company. It then sells these shares to the public for $25. How much money does KDO receive? What is the investment banker's profit? What is the stock price of KDO?

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This solution helps in computing an investment banker's profit based on the given purchase price, quantity, and sale price of stock shares.

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An investment banker pays $23.50 per share for 3,000,000 shares ...
An investment banker pays $23.50 per share for 3,000,000 shares of the ...

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