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Your investment bankers price your IPO at $14. 95 per share for 9. 1 million shares. If the price at the end of the first

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Your investment bankers price your IPO at $14. 95 per share for 9. 1 million shares. If the price at the end of the first day of trading is $16. 75 per share, what was the percentage underpricing? how much money did the firm miss out on due to underpricing? what was the percentage underpricing? As a percent of the offering price, the underpricing is %. (Round to one decimal place.) how much money did the firm miss out on due to underpricing? The forgone money will be $ million. (Round to one decimal place.)

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