Green Lantern Enterprises has just completed an initial public offering. The firm sold 3,300,000 new shares (the primary offering). In addition, existing shareholders sold 225,000 shares the secondary issue). The new shares were offered to the public at $8,50 per share and underwriters received a spread of $1.14 n share. The legal, administrativo, and other costs were $450,000 and were spilt proportionately between the company and tho selling stockholders How much money did the company receive boforo paying its proportion of the direct costs? 24288000 Correst response: 24,288,000 Click tVerity to proceed to the next part of the question Suppose that on the first day of trading the price of Green Lantern's stock is 512.50 per share. What is the cost to the firm from the underpricing? 13200000 Correct responsei 13,200,000 Click "Vority" to proceed to the next part of the question Given that the company receives $24,288,000 from the issue before paying the direct costs and that the cost from underpricing is $13,200,000, what are the total costs of the issue to the firm as a percentage of the funds raised (the total amount paid by investors for the company's portion of the sharon)? Enter your answer as a percentage. Do not include the percentage sign in your answer, Number Click "Verity to proceed Section Attempt 1 of 1 Verity