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HELP PLS ASAP When Microsoft went public, the company sold two milition new shares (the primary issue). In addition, existing shareholders sold 0.5 millon shares

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When Microsoft went public, the company sold two milition new shares (the primary issue). In addition, existing shareholders sold 0.5 millon shares (the secondary issue) and kept 211 million shares. The new shares were offered to the public at $23 and the underwriters recelved a spread of $1.43 a share. At the end of the first day's trading, the market price was $35 a share. a. How much money did the company receive after paying its portion of the direct costs? (Round your answer to 2 decimal places.) Bun of noney the eompany received b. How much did the exlsting shareholders receive from the sale after paying their portion of the direct costs? (Round your answer to 3 decimal places.) Bun of money the exiating thareholdern received C. If the issue had been sold to the underwriters for $32 a share, how many shares would the company have needed to sell to raise the same amount of cash? (Round your answer to 3 decimal places.) Nunber of oharen min1tion d. How much better off would the existing shareholders have been? (Round your answer to 3 decimal places.) Twernses in ahantholdere' prosede

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