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Draiman Guitars is offering 75,000 shares of stock in an IPO by a general cash offer. The offer price is $32 per share and the

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Draiman Guitars is offering 75,000 shares of stock in an IPO by a general cash offer. The offer price is $32 per share and the underwriter's spread is 6.5 percent. The administrative costs are $315,000. What are the net proceeds to the company? Multiple Choice 51929000 52.085.000 5164.000 52400000 52244000

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