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Question 24 (2 points) An IPO is offered at $7 per share for 1 million shares. The IPO underwriters had a spread of 8%. What

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Question 24 (2 points) An IPO is offered at $7 per share for 1 million shares. The IPO underwriters had a spread of 8%. What proceeds did the firm receive from the IPO? $46.75 million $12.29 million $6.44 million $13.50 million $14.80 million

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