An IPO is offered at? $6.75 per share for 2 million shares. The IPO underwriters had a spread of? 9%. What was the total fee paid to the? underwriters?

A.?$13,500,000

B.?$12,385,000

C.?$12,285,000

D.?$1,800,000

E.?$1,215,000

An IPO is offered at? $14 per share for 6 million shares. The IPO underwriters had a spread of? 7.5%. What proceeds did the firm receive from the? IPO?

A.?$90.3 million

B.?$77.7 million

C.?$6.3 million

D.?$84 million

E.?$75 million