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Excel please HUA Industries has hired the investment banking firm of B&C to help it go public. HUA and B&C agree that HUA's current value

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HUA Industries has hired the investment banking firm of B&C to help it go public. HUA and B&C agree that HUA's current value of equity is $85 million. HUA currently has 5.5 million shares outstanding and will issue 1 million new shares. B&C charges a 6.5% spread. (Round your answer to two decimal places) a. What is the correctly valued offer price? b. How much cash will HUA raise net of the spread

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