Question
A company is planning an IPO. Its underwriters have said the stock will sell at $50 per share. The underwriters will charge a 7% spread.
A company is planning an IPO. Its underwriters have said the stock will sell at $50 per share. The underwriters will charge a 7% spread. How many shares must the company sell to net $93 million, ignoring any other expenses?
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Gapenskis Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
3rd Edition
1567939759, 978-1567939750
