Question 28 6 points Steel Cay Motors wants to have an incapable offering. Their investment bank presents two options for the feed commitment offer of 4.800.000, or a beefforts arrangement where the instment bank received 12.00 per share offered to the public Strelly intends to sell 1,000,000 shares at a price of 87. i 90% of the shares are sold at the predetermined price, which arrangement should Steely choose? West efforts arrangement because provides additional proceeds of $226,841 Best efforts arrangement because provides additional proceeds of $300,000 Recommitment arrangement because it provides additional proceeds of $300,000 The commitment arrangement because it provides addicional proceeds of $260,870 Best efforts arrangement be provides additional proceeds of $260,870 A Moving to another question will save this response. Quin 23 of 3 stion 28 6 points Steel City Motors wants to have an initial public offering. Their investment bank presents two options for the initial issue a fixed commitment offer of 54,800.000, or a best efforts arrangement where the Investment bank receives $2.00 per share offered to the public. Steel Oty intends to sell 1,000,000 shares at a price of $7 F 90% of the shares are sold at the predetermined price, which arrangement should Steel City choose? Best efforts arrangement because it provides additional proceeds of $226,843 Best efforts arrangement because it provides additional proceeds of $300,000 Fixed-commitment arrangement because it provides additional proceeds of $300,000 Fixed commitment arrangement because it provides additional proceeds of $260,870 Best efforts arrangement because it provides additional proceeds of $260,870 Moving to another question will save this response. Question of MacBook Air PA 24 5 8 7 D 8 2 3 6 4 W T R Y U E l