Initial public offeringA company called Any Shoes completed its IPO on April 12, 2017, and listed on the NYSE. Net shoes sold 8,250,000 shares of stock to primary market investors at an IPO offer price of $18, with an underwriting dis-count of 6.5%. Secondary market investors, however, were paying only $16.10 per share for Net shoes' 31,025,936 shares of stock outstanding.

a. Calculate the total proceeds for Any Shoes IPO.

b. Calculate the dollar amount of the underwriting fee for Any Shoes IPO.

c. Calculate the net proceeds for Any Shoes IPO.

d. Calculate market capitalization for Any Shoes outstanding stock.

e. Calculate IPO under pricing for Net shoes' IPO.f. Explain the IPO under pricing for Any Shoes.

Would please show Calculations and explanation?