Tetra has just launched its initial public offering IPO with the help of Beta Invest, a multinational investment bank. During the IPO, the firm issued 7 million new shares. The initial price was $62 per share, with Beta Invest retaining $4.2 fees. The first day closing price was $68.4. 1. Which of the following statements is CORRECT? O a. The gross proceeds from the offering were equal to $434 million and Beta Invest has received 7.27% of it. b. The gross proceeds from the offering were equal to $404.6 million and Beta Invest has received 7.27% of it. O c. The gross proceeds from the offering were equal to $404.6 million and Beta Invest has received 6. 77% of it d. The gross proceeds from the offering were equal to $434 million and Beta Invest O has received 6.77% of it. Oe. None of the above 2. What was the market value of Tetra following its first day as a publicly-held company? O a. $452,400,000 O b. $434,000,000 O c. $404,600,000 O d. $478,800,000 e. None of the above