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Raybac is about to go public. Its present stockholders own 500,000 shares. The new public issue will represent 800,000 shares. The shares will be priced
Raybac is about to go public. Its present stockholders own 500,000 shares. The new public issue will represent 800,000 shares. The shares will be priced at $25 to the public with a 4% spread. The out of pocket cost will be $450,000. What are the net proceeds to the firm? A - $18750000 B - $19200000 C $18250000 D $19550000
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Successful Fundraising For Arts And Cultural Organizations
Authors: Carolyn S. Friedman, Karen B. Hopkins
2nd Edition
1573560294, 978-1573560290
