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Question 3 4/4 View Policies Show Attempt History Your Answer Correct Answer Your answer is correct. Suppose a biotech company in Boston, Massachusetts, completes an $93 million IPO priced to the public at $75 per share. The firm receives $72 per share, and the out-of-pocket expenses are $360,000. The stock's closing price at the end of the first day is $84. What is the total cost to the form of issuing the securities? Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.) Total cost of issuing the securities $ 15,240,000