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Score: 0 of 1 pt 8 of 10 (5 complete) HW Score: 40%, 4 of 10 pts P15-15 (similar to) Question Help Issuing securities. Bruce

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Score: 0 of 1 pt 8 of 10 (5 complete) HW Score: 40%, 4 of 10 pts P15-15 (similar to) Question Help Issuing securities. Bruce Wayne is going public with his new business. Berkman Investment Bank will be his banker and is doing a best efforts sale with a 4.1% commission fee. The SEC has authorized Wayne 4,970,000 shares for this issue. He plans to keep 1,010,000 shares for himself, hold back an additional 220,000 shares according to the green-shoe provision for Berkman Investment Bank, pay off Venture Capitalists with 530,000 shares, and sell the remaining shares at $15.92 a share. Given the bids at the auction (shown on the table here: ?), distribute the shares to all bidders using a pro-rata share procedure, and assume Berkman Investment Bank takes its green-shoe shares. What is the total cash flow to Wayne after the sale? To Berkman Investment Bank? How many shares does Gotham Pension get? shares (Round to the nearest whole number.) Enter your answer in the answer box and then click Check Answer. ? 6 parts remaining Clear All Check Answer AN 29 MacBook Pro 8 of 10 (5 complete) HW Score: 409- Questic milar to) Es. Bruce Wayne is going public with his new business. Berkman Investment Bank will be hi Forts sale with a 4.1% commission fee. The SEC has authorized Wayne 4,970,000 shares fa 1,010,000 shares for himself, hold back an additional 220,000 shares according to the greer man Investment Bank, pay off Venture Capitalists with 530,000 shares, and sell the remainin Given the hids at the auction (shown on the table here: distribute the shares to all bid Data Table Click on the following Icon in order to paste this table's content into a spreadsheet Bidder Quantity Bid Gotham Pension Fund 1,890,000 Clark Kent Investors 1,240,000 Central City Insurance 590,000 Arthur Curry 450,000 Barry Allen 280,000 Total 4,450,000 Print Done er in the answer box and then click Check Answer. Clear All Check Answ JUL LE 29

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