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Current Attempt in Progress Suppose that a biotech firm in Pittsburgh raised $ 1 2 6 million in an IPO. The firm received $ 2
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Suppose that a biotech firm in Pittsburgh raised $ million in an IPO. The firm received $ per share, and the stock sold to the public for $ per share. The firm's legal fees, SEC registration fees, and other outofpocket costs were $ The firm's stock price increased percent on the first day. What was the total cost to the firm of issuing the securities
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