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Oak Company has just gone public. Oak sold 60 million shares at an offer price of $67. The underwriters recelved a spread of 8%. Legal

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Oak Company has just gone public. Oak sold 60 million shares at an offer price of $67. The underwriters recelved a spread of 8%. Legal and filing fees were $3.7 million. On the first day of trading, the stock closed at $91.12. Part 1 . Attempt 1/5 for 10 pts. What were the total direct costs of the IPO (in $ million)? Try again Part 2 Attempt 1/5 for 10pts. What were the total indirect costs of the IPO (in \$ million)? Part 3 Attempt 1/5 for 10pts What were the total flotation costs (in $ million)? What were the total flotation costs as a fraction of the issue size

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