Investment Management Suppose Chan Inc., decided to go public. Goldman was selected as the investment bank (IB) for the IPO. The IB suggest an IPO
Investment Management
Suppose Chan Inc., decided to go public. Goldman was selected as the investment bank (IB) for the IPO. The IB suggest an IPO price of $30 a share. The company issues 100,000,000 shares. The IB gets all the shares for 10% discount. The company also incurred $6 million in cost associated with the filings and compliance efforts. What is the costs for Chan Inc.?
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Authors: Judith J. Baker, R.W. Baker
3rd Edition
076377894X, 978-0763778941
