If the Investment Bank Can Sell the Shares for $34

question 81

Multiple Choice

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.