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An Eagle company is planning to go public and the CFO is trying to calculate the total cost of the IPO. facts: 2,500,000 # of

An Eagle company is planning to go public and the CFO is trying to calculate the total cost of the IPO.

facts:

2,500,000 # of shares

$ 70.00 offering price

4% underwriter's commission (variable cost)

$ 250,000 SEC & Admin filing fees (fixed cost)

$ 87.50 market price

requirement:

a. what is the total cost of the IPO (hint: consist of 3 parts)

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