Suppose a biotech company in Boston, Massachusetts, completes an $$83\mathrm{.}25$ million IPO priced to the public at $$75$ per share. The firm receives $$72$ per share, and the out$-$of$-$pocket expenses are $$325,000.$ The stock's closing price at the end of the first day is $$84.$ What is the total cost to the firm of issuing the securities$?$

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Total cost of issuing the securities

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