Question
A best efforts IPO underwriting consisted of 1.5 million shares at an offer price of $25 a share. The underwriter's fee was set at 6.65
A best efforts IPO underwriting consisted of 1.5 million shares at an offer price of $25 a share. The underwriter's fee was set at 6.65 percent. How many shares were sold if the issuer received $42,900,000?
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Pricing Analytics Models And Advanced Quantitative Techniques For Product Pricing
Authors: Walter R. Paczkowski
1st Edition
1138623938, 9781138623934
