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12,13, 14 Please use the following information for Questions 12, 13, and 14. OPI Corp. decided to go public through an Initial Public Offering. Company's

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Please use the following information for Questions 12, 13, and 14. OPI Corp. decided to go public through an Initial Public Offering. Company's value of equity before the IPO is $125 million. The company needs to raise $42.24 million and currently they have 2 million existing shares. OPI Corp. has hired an investment banking firm weaveTheMoney, Inc to help it go public, which charges 4% as the underwriter commission. 12. What is the percentage of post-IPO value of the firm that investors require? a. 20.75% b. 24.51% c. 26.31% d. 30.55% e. 34.9096 at is the number of new shares for the required percentage to new investors 13. Wh (Assume that the answer to Question 12 is 35%) a. 992,400 b. 1,077,000 c. 1,300,000 d. 1,448,000 e. 1,570,800 14. The offer price of the IPO is: (Assume that the answer to Question 13 is 1,500,00 0) a. $10.32 b. $15.38 C. $21.44 d. $29.33 e. $35.05

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