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Dienz Pharma plans to ussue an IPO on a best-effort basis. The company's investment bank requires a spread of 16 percent of the selling price.
Dienz Pharma plans to ussue an IPO on a best-effort basis. The company's investment bank requires a spread of 16 percent of the selling price. The selling price is expected to be $32 per share. Three million shares are issued. What are the proceeds for the issuer?
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
