Problem 10-09 A company is going public with an offering price of $33 per share. The gross spread is 7 percent. The comp

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Problem 10-09 A company is going public with an offering price of $33 per share. The gross spread is 7 percent. The comp

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Problem 10-09
A company is going public with an offering price of $33 per
share. The gross spread is 7 percent. The company plans on issuing
6 million shares. How much money will the company raise in the
offering? Do not round intermediate calculations. Round your answer
to the nearest dollar.
$
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