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Using the following information, calculate the Offer Price for shares issued in an IPO: Estimated value of the firm's equity before the IPO = $80.00

Using the following information, calculate the Offer Price for shares issued in an IPO: Estimated value of the firm's equity before the IPO = $80.00 Number of shares before the IPO = 2.50 Number of new shares sold in the IPO = 0.40 Percentage flotation cost = 8%

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