Silver Inc. has just launched its initial public offering IPO with the help of BL Invest, a well-known investment bank. During the IPO, the firm issued 10 million new shares. The initial price was $25 per share, with BL Invest retaining $3.2 fees. The first day closing price was $29. 1 What were the gross proceeds from this offering?* 2 What offering percentage did BL Invest receive? * 3 What is the indirect cost of going public for Silver Inc.?*