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Goldman Sachs is underwriting the initial public offering of the Ruppy Hi Tech Co. Goldman has agreed to sell 5,000,000 shares at $40 per share

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Goldman Sachs is underwriting the initial public offering of the Ruppy Hi Tech Co. Goldman has agreed to sell 5,000,000 shares at $40 per share on a best-efforts basis. Goldman will charge a fee of .75 (cents per share). Goldman was able to sell 4,250,000 shares. A. How much cash does Ruppy receive? B. How much cash does Goldman receive

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