Canadian National Railway sold 10 million shares of stock to the public at $30 per share. The

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Canadian National Railway sold 10 million shares of stock to the public at $30 per share. The company received net proceeds from its underwriters of $287,506,114. What was the underwriting spread from this stock offering?

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Question Posted: Jul 17, 2012 02:23 AM

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Canadian National Railway sold 10 million shares of stock to the public at $30 per share. The

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Contemporary Financial Management

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