Find the prospectus for a recent IPO. How do the issue costs compare with (a) Those of

Question:

Find the prospectus for a recent IPO. How do the issue costs compare with

(a) Those of the Marvin issue and

(b) Those shown in Table?

Can you suggest reasons for the differences?

D TABLE Issue Amount, $ millions Underwriter's Spread (%) Type Company Common Stock: IPO $1,250 American Water Works 7.0

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Related Book For  book-img-for-question

Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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