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Business, 18.06.2020 03:57 babygreg2001p97abr

A mid-sized firm plans to issue 10 million shares during an IPO. The underwriter plans to sell shares at $22.55; however, many investors believe the company should be valued at $30.25 per share. If the underwriter charges a $2.0 million fee to undertake the IPO, how much will the firm raise in the IPO

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