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Tesla is offering 35,000 shares in an initial public offering. The underwriters have agreed at a best efforts offering with an offer price of $36

Tesla is offering 35,000 shares in an initial public offering. The underwriters have agreed at a best efforts offering with an offer price of $36 and a 7 percent spread. The underwriters were able to sell 21,000 shares to the general public. The stock opened at a price of $42 a share on its first day of secondary market trading. How much cash did Tesla leave on the table in this offering

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