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If Parker Inc. just sold 8,000,000 shares in an IPO for $13.96 per share. If the underwriter took a 6% fee, and the company incurred
If Parker Inc. just sold 8,000,000 shares in an IPO for $13.96 per share. If the underwriter took a 6% fee, and the company incurred $325,000 in legal and consulting costs. How much money will be left on the table if the stock closed at $20 at the end of the first day?
Input your answer in millions, rounded to 2 decimal places, and do NOTenter any symbols such as $, comma or % (e.g. 15.25 not 15250000)
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