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Calculate the net proceeds a firm that currently has 800,000 shares owned by its shareholders and is planning to bring new public issue. This new
Calculate the net proceeds a firm that currently has 800,000 shares owned by its shareholders and is planning to bring new public issue. This new public issue will represent 1,200,000 shares. Price of one share to the public will be $30 with a 5% spread. The out-of pocket costs will be $700,000.
$11,400,000 | ||
$36,000,000 | ||
$33,500,000 | ||
$34,200,000 |
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