nitial public offering$$On April$18,2019,$ the video conferencing company$,$ Zoom completed its IPO on the Nasdaq. Zoom sold $9$ comma $911$ comma $434$ shares of Class A stock with $1$ vote per share at an offer price of $$$$37$ and underwriter discount of $ $1\mathrm{.}87$ per share. Zoom$\text{'}$s closing stock price on the first day of trading on the secondary market was $$$$62\mathrm{.}15,$ and $24$ comma $070$ comma $086$Class A shares were outstanding. There were also $232$ comma $318$ comma $285$ shares of Class B common stock with $10$ votes each outstanding and held privately by Zoom insiders.

a$.$ Calculate the total proceeds for Zoom$\text{'}$s IPO.

b$.$ Calculate the percentage underwriter discount.

c$.$ Calculate the dollar amount of the underwriting fee for Zoom$\text{'}$s IPO.

d$.$ Calculate the net proceeds for Zoom$\text{'}$s IPO.

e$.$ Calculate Zoom$\text{'}$s IPO underpricing assuming that market value per share is the same for both classes of stock.

f$.$ Calculate Zoom$\text{'}$s market capitalization assuming that market value per share is the same for both classes of stock.

g$.$ What percentage of Zoom$\text{'}$s total common stock$($Class A plus Class$$ B$)$ do Class A stockholders own after the$$ IPO? What percentage of votes do they$$ control?

Question content area bottom

Part $1$

a$.$ The total proceeds for Zoom$\text{'}$s IPO is $$$

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enter your response here. $($Round to the nearest$$ dollar.$)$