ezto.mh connect FINANCE Chapter 16 Homework Question 3 (of 4) 3. value: 25.00 points The MEP company has issued 5,100,000 new shares. Its investment bank agrees to underwrite these shares on a best efforts basis. The investment bank is able to sell 4,300,000 shares for $56 per share. It charges MEP $1.75 per share sold a. How much money does MEP receive? (Do not round intermediate calculations.) received by MEP b. What is the investment bank's profit? Investment banks proft c. What is the stock price of MEP? Stock price of MEP References eBook & Resources Worksheet Difmiculity: Medium 6037 MacBook Air