Firm commitment versus best efferts. Astro Investment Bank offers Lunar Vacations the following options on its initial public sale of equity: (a) a best efforts arrangement whereby Astro will keep 3.4% of the retail sales or (b) a firm commitment arrangement of $9,600,000. Lunar plans on offering shares at $12.58 per share to the public. What is the break-even point in number of shares for Lunar Vacations? What are the proceeds to Lunar Vacations and Astro Investment Bank at the break-even point? ... What is the break-even point in number of shares for Lunar Vacations? 789,976 shares (Round to the nearest whole number.) What are the proceeds to Lunar Vacations at the break-even point? $ 9,600,000 (Round to the nearest dollar.) What are the proceeds to Astro Investment Bank at the break-even point? $ 337,889 (Round to the nearest dollar.)