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An IPO is offered at $5 per share for 3 million shares. The IPO underwriters had a spread of 10%. What proceeds did the firm
An IPO is offered at $5 per share for 3 million shares. The IPO underwriters had a spread of 10%. What proceeds did the firm receive from the IPO? $46.75 million $12.29 million $6,44 million $13.50 million $14.80 million A $2,500 bond with a coupon rate of 5% paid semi-annually has five years to maturity and a yield to maturity of 8.7%. What is the price of this bond? $9,771.01 $2,131.32 $7,440.94 $9.573.49 $10,915.94
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