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Hondros Corporation recently went public. The firm offered 42,000 shares and received net proceeds of $18.56 per share. Hirani & Tran served as the underwriter

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Hondros Corporation recently went public. The firm offered 42,000 shares and received net proceeds of $18.56 per share. Hirani & Tran served as the underwriter and sold 37,000 shares to the public at an offer price of $20.63 per share. What type of underwriting was this? Multiple Choice Best efforts Shell Oversubscribed Private plecement

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