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Initial Public Offering (IPO), Istar Enterprises Shares Issued Price per Share, Initially Offered to Public Price, Close of First Day IPO Underwriter Explicit Costs (percent

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Initial Public Offering (IPO), Istar Enterprises Shares Issued Price per Share, Initially Offered to Public Price, Close of First Day IPO Underwriter Explicit Costs (percent of money raised) 25,000,000 $80.00 $83.00 0.07 Required: Using the information above, calculate: total money raised from the IPO, underwriter costs, net proceeds to the firm, and value of the company at the end of the first day. (Use cells A3 to B6 from the given information to complete this question.) Dollars Proceeds and Costs from IPO Total Money Raised from IPO Underwriter Costs Net Proceeds to Company Value of Company, End of First Day

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