Question
An IPO is offered at$17 per share for 3 million shares. The IPO underwriters had a spread of7%. What price did the underwriters pay per
An IPO is offered at$17 per share for 3 million shares. The IPO underwriters had a spread of7%. What price did the underwriters pay per share of the IPOfirm?
A.
$18.19
B.
$17
C.
$15.81
D.
$14
E.
$16
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
