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An online medical advice company just completed an IPO with an investment bank on a firm-commitment basis. The firm issued 5 million shares of
An online medical advice company just completed an IPO with an investment bank on a firm-commitment basis. The firm issued 5 million shares of common stock, and the underwriting fees were $1.40 per share. The offering price was $21.00 per share. Your answer is incorrect. What were the total proceeds from the common stock sale? Total proceeds from issue $
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
