A company is going public with an offering price of $20 per share. The gross spread is

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A company is going public with an offering price of $20 per share. The gross spread is 7 percent. The company plans on issuing 10 million shares. How much money will the company raise in the offering?

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Investment Analysis and Portfolio Management

ISBN: 978-1305262997

11th Edition

Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds

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