moonshape has just completed an intial public offering at an tikm sold a million shared at an The under writing sphed wal ox ox $0.70 a share the price of the stock ciosed at $13. bo pershare at the end of the first day of trading. The firm in urred other costs legal, admin and frotation costs as wat were of fundo raised? - do not round intemediate caluclations - rounded a decimal plares. a. Flotiation cost as percent of funde rasied 9 (7) cot -9.50 but that's wrong