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solve A & B 6. An investment banker agrees to a best efforts offering of 2.5 million shares of Lakeview Stars. The offer price is
solve A & B 
6. An investment banker agrees to a best efforts offering of 2.5 million shares of Lakeview Stars. The offer price is set at $35 per share. If the stock is actually sold to the public at $34.50 and the banker charges a $0.0345 commission per share sold. a. What is the amount of funds Lakeview Stars receives? b. How much commission fee will the underwriter receive
solve A & B
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Financial Management For Farmers And Rural Managers
Authors: Martyn Warren
4th Edition
0632048719, 9780632048717
