Question
Suppose a biotech company in Boston, Massachusetts, completes an $94 million IPO priced to the public at $75 per share. The firm receives $72 per
Suppose a biotech company in Boston, Massachusetts, completes an $94 million IPO priced to the public at $75 per share. The firm receives $72 per share, and the out-of-pocket expenses are $470,000. The stocks 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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Investing For Women Smart Strategies To Start Investing Now With Confidence Low Risk And Minimal Effort
Authors: Mike Hartley ,Hannah Rosenstein
1st Edition
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