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S 21-26 Use the following information to answer questions 21 thru 26. Important: Make sure to round according to the instructions for each question. Do
S 21-26 Use the following information to answer questions 21 thru 26. Important: Make sure to round according to the instructions for each question. Do not enter dollar or percent signs in your answers. On March 29, 2020, ABC Inc. completed its IPO on the NYSE. ABC sold 10,500,000 shares of stock at an offer price of $9 with an underwriting discount of $0.74 per share. ABC's closing stock price on the first day of trading on the secondary market was $13.38, and 85,489,470 shares were outstanding. Question 21 The total proceeds for ABC Inc.'s IPO is $[A]. (Round to the nearest dollar.) Question 22 The percentage underwriter discount is [B] %. (Round to two decimal places.) 2.5 pts 2.5 pts Question 23 The dollar amount of the underwriting fee for ABC Inc.'s IPO is $[C]. (Round to the nearest dollar.) Question 24 The net proceeds for ABC Inc.'s IPO is $[D]. (Round to the nearest dollar.) Question 25 ABC Inc.'s IPO underpricing is [E] %. (Round to one decimal place.) 2.5 pts 2.5 pts 2.5 pts Question 26 ABC Inc.'s market capitalization is $[F]. (Round to the nearest dollar.)
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