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2.1 K/s 101.78 5:12 PM Given the following case, answer questions 17 to 19 below: Silver Inc. has just launched its initial public offering IPO

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2.1 K/s 101.78 5:12 PM Given the following case, answer questions 17 to 19 below: Silver Inc. has just launched its initial public offering IPO with the help of BL lavest, a well-known investment bank. During the IPO, the firm issued 10 million new shares. The initial price was $25 per share, with BL Invest retaining 53.2 fees. The first day closing price was 529 17. What were the gross proceeds from this offering?* $250 million $290 million O $145 million $160 million None of the above 18. What offering percentage did BL Invest receive? * 22.07% U 4.2 K/s 1017) 5:12 PM 18. What offering percentage did BL Invest receive? * 22.07% 11.03% O 12.80% O 11.03% None of the above 19. What is the indirect cost of going public for Silver Inc.? $8 million $72 million $32 million $40 million None of the above U

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