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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
Posted: Tue Nov 16, 2021 8:15 am
by answerhappygod
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.
$