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Beedles Inc. needed to raise $ 1 4 million in an IPO and chose Security Brokers Inc. to underwrite the offering. The agreement stated that
Beedles Inc. needed to raise $ million in an IPO and chose Security Brokers Inc. to underwrite the offering. The agreement stated that Security Brokers would sell million shares to the public and provide $ million in net proceeds to Beedles. The outofpocket expenses incurred by Security Brokers in the design and distribution of the issue were $ What profit or loss would Security Brokers incur if the issue were sold to the public at the following average price? Write out your answer completely. For example, million should be entered as Round your answers to the nearest dollar. Loss should be indicated by a minus sign.
a $ per share?
$
b $ per share?
$
c $ per share?
$
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