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Question 14 of 15 1/3 lii ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 4 million

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Question 14 of 15 1/3 lii ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 4 million shares of common stock, and the underwriting fees were $2.23 per share. The offering price was $30.00 per share. (a) Your answer is correct. What were the total proceeds from the common stock sale? Total Proceeds $ 120,000,000 e Textbook and Media Attempts: 1 of 2 used (b) How much money did the company receive? Net Proceeds to Firm $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer (c). How much money did the investment bank receive in fees? Underwriting Spread $

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