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5,6,7. 5. Your firm is selling 9 million shares in an IPO. You are targeting an offer price of $18.06 per share. Your underwriters have

5,6,7. 5. Your firm is selling 9 million shares in an IPO. You are targeting an offer price of $18.06 per share. Your underwriters have proposed a spread of 6.2%, but you would like to lower it to 4.2

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