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Question 2 (total of 19 marks): A firm is floating its stock in an IPO and its underwriter has received the fallowing bids, listed in
Question 2 (total of 19 marks): A firm is floating its stock in an IPO and its underwriter has received the fallowing bids, listed in order from highert to lawest share price Question 2a (total of 11 marks): Suppase that the firm's owner wishes to sell all their shares, so no new money will be raised and no maney will be re-invested back into the firm. Question 2ai (3 marks) If the cowner has 3 million shares in tatal, what share price can they sell all of them for in the IPO an a per share basis? Give your answer as a price per share. Answer to 4 decimal places. So if your answer is $0.87654321 per share, write 0.8765. Do not write the dollar sign $. Arswer: Question 2aii (3 marks): Haw much will they be able to sell their 3 million shares for in total? Give your arewer as a total dollar figure, not on a per share basis. Arswer in millions to 4 decimal places without the dollar sign $ or millipns units. So if your answer is $907654321 million, write 9076.5432. Anawer: Question 2aiiia (1 mark): How many shares will BidderA be allocated in millians? In this and the questions below, be sure to enter a number such as 10 not ter, or 0 nat zero. Round your answer ta 4 decimal places and do not include the milions units in your answer, sa rather than 5.55555555 million, write 5.5556. Answer: Question 2aiiib (1 mark) How mary shares will BidderB be allocated? Answer: Question 2aiiic (1 mark) How many shares will BidderC be allocated? Answer: Question 2aiiid (1 mark): How many shares will BidderD be allocated? Answer: Question 2aiiie (1 mark): How many shares will Biddere be allocated
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