A Brazilian company called Netshoes completed its IPO on April 12, 2017, and listed on the NYSE. Later Netshoes sold 8,250,000 shares of stock to priary market investors at an IPO offer price of $17.58 with an underwriting discount of 6.5%.Secondary market investors however were paying only $16.43 per share for Netshoes' 31,025,936 shares of stock outstanding.

a. calculate the total proceeds for Netshoes IPO

b. calculate the dollar amount of the underwriting fee

c. calculate the net proceeds for Netshoes IPO

d. calculate market capitalization for Netshoes outstanding stock.

e. calculate IPO underpricing for Netshoes IPO

f. explain the IPO underpricing for Netshoes