Question: 1. Answer the below question based upon the following information on Fitbit What is the price per share for the Fitbit IPO? Fitbit Year0 Year,

1. Answer the below question based upon the following information on Fitbit What is the price per share for the Fitbit IPO? Fitbit Year0 Year, RRF 2% Initial Investment $5,000,000 Units of Sales Price per Unit RM 9% 150,000 $400 Investment Banking Fee or Floating Rate 7% $250 Existing Fitbit Shares Variable Cost per 2,000,000 Unit New IPO Shares Fixed Cost S1,000 36,500,000 $91,100,0 Depreciation S1,500,000 Pre-IPO Value Tax Rate 35%

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