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Computers and Technology, 07.12.2019 04:31 lilly9240
In a fully underwritten offering a firm sells 1 million shares of stock through a fully underwritten offering. their banker charged a $2.45 spread and sold the stock to the public at a price of $35 per share. the issuing firm also pays $250,000 in other direct costs to complete the sale. what is the firm's net proceeds per share from the sale? $33.55 $35.00 $32.30 $32.55
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