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

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ABC Co 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 $3.19 per share. The offering price was $30.00 per share. (a) What were the total proceeds from the common stock sale? Total Proceeds $

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