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Becker Brothers is the managing underwrites for a 165min share issue by Jay's Hamburger Hemeen Becker Brothers is handling 19 percent of the issue is

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Becker Brothers is the managing underwrites for a 165min share issue by Jay's Hamburger Hemeen Becker Brothers is handling 19 percent of the issue is prices $78 per here, and the price to the publics 52975 Becker also proudes the market stabilization fonction during the issuance, the market for the stock turns soft, and Becker is forced to purchase 35.000 shares in the open market at an average price of $28.75. te later sells the shares at an average value of $2845 Compute Becker Brothers overal gen de less from managing the issue. Do not round intermediate calculations and round your answer to the nearest whole dollar)

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