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Question 3 This Qui An IPO is offered at $12.50 per share for 4 million shares. The IPO underwriters had a spread of 6.5%.

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Question 3 This Qui An IPO is offered at $12.50 per share for 4 million shares. The IPO underwriters had a spread of 6.5%. What was the total fee paid to the underwriters? OA. $3.25 million OB. $4 million OC. $12.5 million D. $260,000 OE. $2.25 million B

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