If the trader received only 150000 shares of the offering, Financial Management

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If the trader received only 150000 shares of the offering

Suppose a complex has a $1 billion diversified growth fund and a $100 million financial services fund. Both place orders on the same day to buy 100,000 shares of an initial public offering of an insurance company. If the trader received only 150,000 shares of the offering, how should they be allocated between the two funds?

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