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Question 8 (1 point) Minneapolis Co. sold 200,000 shares in an IPO. The offering price for the shares was $18, but immediately after it was

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Question 8 (1 point) Minneapolis Co. sold 200,000 shares in an IPO. The offering price for the shares was $18, but immediately after it was issued, the share price jumped to $20. Minneapolis Co. paid a commission fee of $180,000 to its underwriter. How much is the money left on the table (implicit cost)? a) $400,000 b) $308,000 c) $580,000 d) None of the options e) $180,000 Previous Page Next Page Page 8 of 15 Question 11 (1 point) Minneapolis Co. sold 200,000 shares in an IPO. The offering price for the shares was $18, but immediately after it was issued, the share price jumped to $20. Minneapolis Co. paid a commission fee of $180,000 to its underwriter. How much is the total cost to the equity issue of Minneapolis Co.? a) $180,000 Ob) $580,000 c) $400,000 d) $308,000 e) None of the options Previous Page Next Page Page 11 of 15

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