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Pawprints Paint recently went public in a best efforts offering. The company offered 1 1 5 , 0 0 0 shares of stock for sale
Pawprints Paint recently went public in a best efforts offering. The company offered shares of stock for sale at an offer price of $ per share. The administrative costs associated with the offering were $ and the underwriter's spread was percent. After completing their sales efforts, the underwriters determined that they sold a total of shares. What were the net proceeds to the company?
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