All of the below statements are disadvantages of going public EXCEPT: Select one: O A. Managers' tendency to focus on long-term profits. O O B. The high cost of the IPO itself. C. The costs of complying with ongoing regulatory disclosure requirements. O D. The transparency that results from this compliance can be costly for some companies. BBB Ltd issues an IPO. The company's investment bank demands a spread of 5 per cent of the offer price, which is set at $5 per share. 6 million shares are issued. What are the proceeds for the issuer (in millions of dollars to the nearest three decimal places; don't show $ sign or commas eg 18.404)