Given the following case, answer questions 7 to 9 below:

7. What were the gross proceeds from this offering? *

a. $105 million

b. $112 million

c. $132 million

d. $145 million

e. None of the above

8. What offering percentage did Gamma Invest receive? *

a. 10.48%

b. 11.52%

c. 12.63%

d. 13.57%

e. None of the above

9. What is the indirect cost of going public for Patton Co.? *

a. $4.8 million

b. $35.2 million

c. $20 million

d. $15.2 million

e. None of the above

Given the following case, answer questions 7 to 9 below: Patton Co. has just launched its initial public offering IPO with the help of Gamma Invest, a multinational investment bank. During the IPO, the firm issued 4 million new shares. The initial price was $28 per share, with Gamma Invest retaining $3.8 fees. The first day closing price was $33. 7. What were the gross proceeds from this offering? * O $105 million O $112 million $132 million