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Irrent Attempt in Progress A firm is making an initial public offering. The investment bankers agree to a firm und tirwriting commitment of 5 0
Irrent Attempt in Progress
A firm is making an initial public offering. The investment bankers agree to a firm und tirwriting commitment of shares priced o the public at $ a share. The underwriter's spread is In addition, the underwriter charges $ in legal fees. On the first lay of trading, the firm's stock closed at $ What were the total costs of the issue?
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