Question: P2-3 (similar to) Question Help v Initial public offering On April 13, 2017 Yext Inc. completed its IPO on the NYSE. Yext sold 10,500,000 shares

P2-3 (similar to) Question Help v Initial public offering On April 13, 2017 Yext Inc. completed its IPO on the NYSE. Yext sold 10,500,000 shares of stock at an offer price of $12 with an underwriting discount of $0.82 per share. Yoxt's closing stock price on the first day of trading on the secondary market was $13.41, and 85,489.470 shares were outstanding. a. Calculate the total proceeds for Yext's IPO. b. Calculate the percentage underwriter discount. c. Calculate the dollar amount of the underwriting fee for Yext's IPO d. Calculate the net proceeds for Yext's IPO. e. Calculate Yext's IPO underpricing. f. Calculate Yext's market capitalization, a. The total proceeds for Yext's IPO is $. (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer parts remaining Clear All Chock Answer 1204 36 17 ( 17 Cetv A

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