14-2 the Rotation Expo Expenses Tundra Engineering, whose stock price is now 532. needs to stock dertiters have informed the firm's management that they must price the to the public at 531 per share because of signalling effects. The underwerp will be 6 of the issue price. The firm will also incur expenses in the amount of How many shares must the firm sell to net 540 million after underwriting and Station expenses? 14-3 PO PC Assume a company just sold 15,000,000 shares in an IPO for 512 per share. It the underwater took a 5% fee, and the company incurred $450,000 in legal and consulting costs a. What net proceeds did the company and underwriters receive? b. How much money will be left on the table if at the end of the first day the stock deed at 515? at $11? Who benefits in each case? Security Products (BSP) is a successful company, but it needs in