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ABC Corporation is issuing new stock and has hired a lead investment bank to manage the underwriting. The lead bank will pay $40 per share,
ABC Corporation is issuing new stock and has hired a lead investment bank to manage the underwriting. The lead bank will pay $40 per share, other syndicate members will pay $42 per share, the dealer network will pay $44 per share and the public will pay $46 per share. How much will ABC Corporation recelve and what is the gross spread? Select one: O A ABC will receive $40 per share and the gross spread is $2 dollars. B. ABC will receive $44 per share and the gross spread is $4. O C. ABC will receive $40 per share and the gross spread is $4. D. ABC will receive $42 per share and the gross spread is $4 dollars. O E. ABC will receive $40 per share and the gross spread is $6
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