Question: Answer State St. Co. The State St. Co. has just gone public. Under a firm commitment agreement, the company received $17.64 for each of the


Answer State St. Co. The State St. Co. has just gone public. Under a firm commitment agreement, the company received $17.64 for each of the 3.2 million shares sold. The initial offering price was $22.50 per share, and the stock rose to $24.15 per share in the first day of trading. The company paid $984,900 in direct legal and other posts and incurred $340,000 in other indirect costs. How much is the underpricing? Round the number to two digits and do not use the percent must be input as 12.34 Your Answer: Answer Question 8 (3 points) How much are the indirect costs? Round it to the nearest integer Your Answer: How much are the floatation costs? Round it to the nearest integer Your Answer: Answer Question 10 (3 points) How much are the net proceedings? Round it to the nearest integer Your
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