10. IPOs (S14.2) Refer to Section 14.1 and the Marvin Prospectus appendix at the end of this chapter to answer the following questions. A. If there is unexpectedly heavy demand for the issue, how many extra shares can the underwriters buy? B. How many shares are to be sold in the primary offering? How many will be sold in the secondary offering? C. One day post-IPO, Marvin shares traded at $105. What was the degree of underpricing? How does that compare with the average degree of underpricing for IPOs in the United States? D. There are three kinds of cost to Marvin's new issue-underwriting expense, administrative costs, and underpricing. What was the total dollar cost of the Marvin issue