Your investment bankers price your IPO at $14.52 per share for 9.9 million shares. If the price at the end of the first day of trading is $17.17 per share, a. what was the percentage underpricing? b. how much money did the firm miss out on due to underpricing? a. what was the percentage underpricing?

As a percent of the offering price, the underpricing is ________%. (Round to one decimal place.)

b. how much money did the firm miss out on due to underpricing?

The forgone money will be $_____________million.(Round to one decimal place.)