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Listen 4 An IPO is offered at $8 per share for 2 million shares. The IPO underwriters had a spread of 7%. What price did
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4
An IPO is offered at $8 per share for 2 million shares. The IPO underwriters had a spread of 7%. What price did the underwriters pay per share?
$6.14
$6.44
$4.50
$7.44
$7.00
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