The Ontario Teachers' Pension Plan is a pension fund for public school teachers in the province of Ontario. It has a large and diverse portfolio of investments, both in Canada and internationally, and had net assets in December 2012 of $108.5 billion, Which of the following best describes the Ontario Teachers' Pension Plan? a sovereign wealth fund an Institutional investor a family investor an angel investor a venture capitalist An IPO is offered at $6.75 per share for 2 million shares. The IPO underwriters had a spread of 9%. What proceeds did the firm receive from the IPO? $46.75 million $12.29 million $6.44 million $13.50 million $14.80 million