Question 4 (of 20) value: 5.00 points DRK, Inc, has just sold 180,000 shares in an initial public offering The underwriter's explicit fees were $108,000. The offering price for the shares was $46, but immediately upon issue, the share price jumped to $51.50 a. What is the total cost to DRK of the equity issue? Total cost b. Is the entire cost of the underwriting a source of profit to the underwniters? O Yes O No References Worksheet Difficuity: Intermediate