Question
Consider the following information about an IPO. The net proceeds to the issuing firm are $141.75 million. The public offering price is $50 per share.
Consider the following information about an IPO. The net proceeds to the issuing firm are $141.75 million. The public offering price is $50 per share. The spread is $2.75 per share. Two million shares are sold. How many shares are issued in this IPO?
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
