Question
True or False: When firm A firstly issued 1 million shares through IPO, firm A raised $10/share so it totally raised $10 million equity fund.
True or False: When firm A firstly issued 1 million shares through IPO, firm A raised $10/share so it totally raised $10 million equity fund. Now the market price for firm A's stock is $50/share, so today firm A raises a total of $50 millions from shareholders. Explain.
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Foodservice Management Principles and Practices
Authors: June Payne Palacio, Monica Theis
12th edition
133003213, 9780133003215, 978-0135122167
