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Ant Group aims to raise $34.4 billion capital through an IPO, setting the record for the world's biggest initial public offerings. After negotiation, the underwriting
Ant Group aims to raise $34.4 billion capital through an IPO, setting the record for the world's biggest initial public offerings. After negotiation, the underwriting fee is set to be 6.5% per share. If Ant Group plans to issue 500 million shares, what's the minimum offer price per share that would allow Ant Group to achieve its goal? [5 points] Select one: O a. $68.80 O b. $64.33 O c. $73.59 O d. $44.72
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