I Jade Co. has gone gublic. Under a firm commitment agreement. jade recieved $58.15 for each of the million shares sold. The initial offering price was $63 per share and the stock rore to 69.85 per share in the first fear minutes of trading. Jade paid $1,350,000 in direct legal and other costs and $485,000 in indirect coats. What is the total cost of underpricing for the shares } *) 48, 435,500 2 355, 300,000 c) 29,750,000 0 0 31,435,500 a) 47,950,000 i 2 - If the required rate all return from the market is 10%, the risk free rate is 3.2570 and the beta of Ninot Industry is 1.30. what is the required rate of return on Ninot stock. 12.5370 A) 13.949 B) 12.03% 0) 1442% o) KERO