Raising Capital Practice Questions 1. Roundable Pty a high-tech company in Melbourne, issues a $93 million IPO with an offer price of $33 per share, underwritten at $27 per share. The company's legal fees, ASIC registration fees, and other administrative costs are $550 000. The company's share price increased to $38.61 on the first day. What is the company's total cost of issuing the securities? 2. McDonald Pty issues a $100K IPO with an offer price of $8 per share, underwritten at $6 per share. The company's legal fees, ASIC registration fees, and other administrative costs are $50 000. The company's share price increased to $8.61 on the first day. What is the company's total cost of issuing the securities? Q3. IPO underpricing: Suppose that a biotech company in Melbourne raises $117 million in an IPO. The offer price is $25 per share, underwritten at $23 per share. The company's legal fees, ASIC registration fees and other administrative costs are $350 000. The company's share price increased to $29.38 on the first day. What is the company's total cost of issuing the securities