ABC Ltd., a technology company, is issuing a $47.2 million IPO, generating revenue of $5.31 per share
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ABC Ltd., a technology company, is issuing a $47.2 million IPO, generating revenue of $5.31 per share for ABC at an IPO price of $5.9 per share. The company's legal fees, ASIC registration fees, and other administrative costs are $164,000. The company's share price rose 5.6 percent on the first day. What is the total amount of the insurer's spread?
Related Book For
Entrepreneurial Finance
ISBN: 978-1305968356
6th edition
Authors: J. Chris Leach, Ronald W. Melicher
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