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Hi there. In know this may seem like alot i am just pressed for time and extremly stressed because ia m not understanding this material.

image text in transcribedHi there. In know this may seem like alot i am just pressed for time and extremly stressed because ia m not understanding this material. cAN YOU PLEASE PLEASE HELP ME i will leave a RATING AND THUMBS UP. Please and Thank you- Stay safe.

14. Wallace Publishing recently completed its IPO. The stock was offered at a price of $13.93 per share. On the first day of trading, the stock closed at $19.31 per share. If Wallace Publishing paid an underwriting spread of 7.2% for its IPO and sold 9 million shares, what was the total cost (exclusive of underpricing) to the company of going public? The total cost of going public was $ 15. You are negotiating with your underwriters in a firm commitment offering of 11 million primary shares. You have two options: set the IPO price at $25.00 per share with a spread of 6%, or set the price at $24.60 per share with a spread of 4%. Which option raises more money for your firm? The net price to the firm of the first option is $ (Round to the nearest cent.) The net price to the firm of the second option is $ The (1) (1) O first O million. (Round to one decimal place.) second (Round to the nearest cent.) option raises more money for your firm. (Select from the drop-down menu.) 16. Your firm is selling 9 million shares in an IPO. You are targeting an offer price of $16.87 per share. Your underwriters have proposed a spread of 8.4%, but you would like to lower it to 6.9%. However, you are concerned that if you do so, they will argue for a lower offer price. Given the potential savings from a lower spread, how much lower can the offer price go before you would have preferred to pay 8.4% to get $16.87 per share? The offer price would need to drop to $ (Round to the nearest cent.) 17. The firm you founded currently has 11 million shares, of which you own 4 million. You are considering an IPO where you would sell 3 million shares for $31 each. If all of the shares sold are primary shares, how much will the firm raise? What will your percentage ownership of the firm be after the IPO? If all of the shares sold are primary shares, the firm will raise $ million. (Round to one decimal place.) Your percentage ownership of the firm after the IPO will be %. (Round to one decimal place.)

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