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An investment bank agrees to underwrite the 20 million shares of stock for Lincoln Bros Inc. on a best-efforts basis. The investment bank is able

An investment bank agrees to underwrite the 20 million shares of stock for Lincoln Bros Inc. on a best-efforts basis. The investment bank is able to sell 19.2 million shares for $29.18 per share, and it charges Lincoln Bros Inc. $0.21 per share sold. How much money does Lincoln Bros Inc. receive?

Enter your answer with dollar values. So, for example, if your answer is $20 million, then just enter 20,000,000.

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