lastname firstname hw 3 Formulas Data Review View - 12 - A- A- Wrap Text Home Insert Page Layout X Cut Times New... LL Copy Pantoformet BIU P125 x fx General $ . % S . A 3 Merge & Center ) 110 112 Os Ater years of unusually high sales growth, conglomerate Madrigal Electromotive is planning an eruity carve-out IPO of its restaurant division in the United States Compute the estimated IPO offer price given the target net proceeds and other information below: Net proceeds target (mit) Comparable Price/Sales Underwriter spread Annual sales, latest figure (mil) N existing shares (parent-owned; mil) 200 115 SHOW WORK HERE, HIGHLIGHT FINAL ANSWER IN YELLOW