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ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 6 million shares of common stock, and the

ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 6 million shares of common stock, and the underwriting fees were $2.86 per share. The offering price was $30.00 per share.

(a)

What were the total proceeds from the common stock sale?

Total Proceeds

$??

(b)

How much money did the company receive?

Net Proceeds to Firm $??

(c)

How much money did the investment bank receive in fees?

Underwriting Spread $??

Please Answer all 3 parts to the question and tell me which answer is for which part!

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