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Green Lantern Enterprises has just completed an initial public offering. The firm sold 4,200,000 new shares at an offer price of $12.00 per share. The underwritering spread was $1.11 a share. The firm incurred $375,000 in legal, administrative, and other costs. What was the cost to the firm of the underwriting spread? Correct response: 4,662,000 Click "Verify" to proceed to the next part of the question. Suppose that on the first day of trading, the price of Green Lantern's stock is $17.00 per share. What is the cost to the firm from the underpricing? Click "Verify" to proceed to the next part of the question. Kenobi Inc. is proposing a rights offering. Presently there are 420,000 shares outstanding at $86 each. There will be 70,000 new shares offered at What is the market value of the company after the offering is complete? Correct response: 40,180,000 Click "Verify" to proceed to the next part of the question. How many rights will it take to buy one share? Round the your answer to the nearest whole integer. Enter your response below. Click "Verify" to proceed to the next part of the