May I asked for your assistance with these four problems. Please see attachment.

1. A company is planning an IPO of 10 million shares. Each share is expected to sell at $20 per share. The investment banker will charge a 7% spread and incur expenses of $1,000,000. The company will incur expenses of $500,000. How much will the investment banker receive if all shares sell at the expected price? 2. A company went public on December 1, 2015, with an issue of 5 million shares. The offer price was $30 per share. At the end of the day, the price was $39. The current price is $35. How much money, if any, was left on-the-table? 3. The stock price of Marcus Motors is $500 per share. Management wants to get the price down to approximately $65 per share. (1)What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per one old share? Round to the nearest whole dollar. (2) What is the total value of the new shares? 4. Which of the following is a good reason for a company to go public? A. The company has excess capital B. The company has a high debt ratio C. The company is located in a high population center D. Costs of reporting will be high E. None of the above. 3. The stock price of Marcus Motors is $500 per share. Management wants to get the price down to approximately $65 per share. (1)What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per one old share? Round to the nearest whole dollar. (2) What is the total value of the new shares? A. $455 B. $500 C. $520 D. $845 E. None of the above 3. The stock price of Marcus Motors is $500 per share. Management wants to get the price down to approximately $65 per share. (1)What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per one old share? Round to the nearest whole dollar. (2) What is the total value of the new shares? A. $455 B. $500 C. $520 D. $845 E. None of the above