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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 image text in transcribed
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

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