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A company needs to raise $20 million so the gross amount required by the company from a share offering. The shares are underwritten at a
A company needs to raise $20 million so the gross amount required by the company from a share offering. The shares are underwritten at a fee of o% of the total amount raised. The underwriter offers best effort underwriting, Answer the following questions ignoring all other costs in the share offering Round your answer to the nearest della Do not include the symbol Do not use comma separators 123456 Tull the company receives subscription for 100% of the total shares offered, calculate how much the company would receive from the share offering The company would receive 2. If the company only receives subscription for 96.5% of the total shares offered, calculate how much the company would receive from the share offering The compary would receive But the company only receiver subscriptions for 96% of the total shares offered, calestate how much the underwriter would reblye from the share offering The underwriter would receive
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