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Calculate the following. 12) A Company completed its IPO began trading on the NASDAQ. The 9.91 million shares in the IPO were priced at $36
Calculate the following.
12) A Company completed its IPO began trading on the NASDAQ. The 9.91 million shares in the IPO were priced at $36 per share. However, on the first day of trading the shares closed at $62. Assuming the investment bankers and lawyers charged 7% and 1% of the proceeds respectively; calculate the direct, costs, indirect costs, and firm proceedsStep by Step Solution
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