A.Total Proceeds: $180,000,000

B. Net proceeds =

C.Underwriting fees =

Question 14 ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 6 million shares of common stock, and the underwriting fees were $3.80 per share. The offering price was $30.00 per share. (a) x Your answer is incorrect. Try again. What were the total proceeds from the common stock sale? Total Proceeds 157.20 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT Attempts: 2 of 2 used (b) How much money did the company receive? Net Proceeds to Firm