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    Profit or Loss

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    Please see the attached excel file. I have included the answer and just need the work shown in excel.

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    Solution Preview

    From the specified terms, it appears that Beedles always gets $14 million regardless of the price of the stock to the public. We're also told that Security Brokers spends $300,000 in design and distribution costs. ...

    Solution Summary

    Profit or Loss factors are determined.