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MN Company is planning to offer IPO. According to underwriters, selling price $20 per share direct costs are expected $0.80 million the underwrites charge a
| MN Company is planning to offer IPO. | ||
| According to underwriters, | ||
| selling price | $20 | per share |
| direct costs are expected | $0.80 | million |
| the underwrites charge a | 7% | spread |
| How many shares must sell to net | $30 | million |
| 1. | Between 1.60 million and 1.7 million |
| 2. | Between 1.70 million and 1.8 million |
| 3. | Between 2 million and 2.1 million |
| 4. | Between 2.60 million and 2.7 million |
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Ethical Obligations And Decision Making
Authors: Steven Mintz
1st Edition
0078025281, 9780078025280
