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AirBnB plans to have an IPO with firm commitment underwriting consisted of 100 million shares at an offer price of $30 a share. The underwriter's

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AirBnB plans to have an IPO with firm commitment underwriting consisted of 100 million shares at an offer price of $30 a share. The underwriter's fees were set at 8.75% discount. What is the cost of the IPO raised for the company in percentage? How much cash will the company get from the IPO

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