Question: Advantage Corp. has just gone public. Under a firm commitment agreement, Advantage received $ 1 3 . 5 0 for each of the 8 million
Advantage Corp. has just gone public. Under a firm commitment agreement, Advantage received $ for each of the million shares sold. The initial offering price was $ per share, and the stock rose to $ per share in the first few minutes of trading. Advantage incurred $ in direct legal and other costs and $ in indirect costs. What is the total amount of direct costs?
Select one:
a $
b $
c $
d $
e $
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