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Question 14 ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 7 million shares of common stock,

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Question 14 ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 7 million shares of common stock, and the underwriting fees were $3.53 per share. The offering price was $30.00 per share. (a) (b) (c) How much money did the investment bank receive in fees? Underwriting Spread Click if you would like to Show Work for this question: Open Show Work

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