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Save Answer Question 11 3.75 points High Mountain Gear issued 200.000 shares of stock last week. The underwriters charged a spread of 3.8 percent in

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Save Answer Question 11 3.75 points High Mountain Gear issued 200.000 shares of stock last week. The underwriters charged a spread of 3.8 percent in exchange for agreeing to a firm commitment The legal and accounting fees were 5397.990. The company incurred $47.005 in indirect costs. The offer price was 515 a share. Within the day of of trading the stock was selling for 5223 a share. What was the flotation cost

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