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A local Boise tech company is going public. They have hired Goldman Sachs as the underwriter for a an underwriting spread 4%. The company's plans
A local Boise tech company is going public. They have hired Goldman Sachs as the underwriter for a an underwriting spread 4%. The company's plans to issue 6,000,000 shares of common stock at an IPO's price of $60. Assuming the stock does sell for $60 per share requirement: a. how much money will the Tech company receive? b. how much money will Goldman Sachs receive? ** single answers are not annlicable be sure to show how VOLLCalculated your answer **
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