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any help would be great Young corp. Stock cumently sells for $20 pur shone. There are 1 milion shares curnently outstanding. The compory announces pland
any help would be great
Young corp. Stock cumently sells for $20 pur shone. There are 1 milion shares curnently outstanding. The compory announces pland to rase $5 million by offering shaneo to the public at a price of \$2aper shane. a. If the undercuriting spread is 4% how mary shared will the company need to issue in order (bifore admin costs) of 55 million? don1 rownd intermedate calculation / whith \# b. If the undur unting spread is 4% and the other admin costs are 80,000 , what is the dallar value of the total dired costs of the issue? C. If the share price falls by 590 at the announce ment of the plans to presced with a seasoned offering, what is the dollar cost of the ann ninment effect Step by Step Solution
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