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Please use the information in this question for the following question too. XYZ Corp has issued 10 million new shares of stock. An investment bank
Please use the information in this question for the following question too. XYZ Corp has issued 10 million new shares of stock. An investment bank agrees to underwrite these shares on a best efforts basis. The investment bank is able to sell 9.4 million shares for $27 per share and it charges XYZ$0.675 per share sold. How much money does XYZ receive? Please answer in millions of $ Step by Step Solution
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Introduction To Machine Learning In Quantitative Finance An Advanced Textbooks In Mathematics
Authors: Hao Ni, Xin Dong, Jinsong Zheng, Guangxi Yu
1st Edition
1786349361, 9781786349361
