In June 2019, Forgefast PLC completed its IPO on Alternative Investment Market (AIM), an arm of the London Stock Exchange for smaller companies. Forgefast sold 20,000,000 shares of its stock at an offer price of 5 with an underwriting discount of 0.35 per share. Forgefasts closing stock price on the first day of trading on the secondary market was 6.20, and 170,460,000 shares were outstanding. a. Calculate the total proceeds for Forgefasts IPO. b. Calculate the percentage underwriter discount. c. Calculate the pound sterling value of the underwriting fee for Forgefasts IPO. d. Calculate the net proceeds for Forgefasts IPO. e. Calculate Forgefasts IPO underpricing. f. Calculate the market capitalization of Forgefast on the first day of trading.