Question
in its IPO, fin corp offered stock at a price of $36 per share. the underwriters of this IPO had a discount of $0.418 per
in its IPO, fin corp offered stock at a price of $36 per share. the underwriters of this IPO had a discount of $0.418 per share. Fin Corp's IPO sold a total of 20,869,565 shares. 9,911,434 of those shares were offered by Fin Corp, and 10,958,131 of those shares were offered by certian selling stockholders. How much money did Fin Corp receive from the IPO?
A 751.3 million
B 356.81 million
C 352.67 million
D 742.58 million
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
