Question: Please answer the Orange box questions. I have to know what I input in the Orange Box. What is the Company Price Per Share $?
Please answer the Orange box questions. I have to know what I input in the Orange Box. What is the Company Price Per Share $? etc. The Yellow box auto generates when you do the orange. Thank you! Will Thumb Up!
Problem 3: Flotation Costs The Raven Co. has just gone public. Under a firm commitment agreement, Raven received $23.25 for each of the 20 million shares sold. The initial offering price was $25 per share, and the stock rose to $29.32 per share in the first few minutes of trading. Raven paid $950,000 in direct legal and other costs and $320,000 in indirect costs to make this offering. What was the flotation cost as a percentage of the funds raised? Use the Template Provided Below to Create Your Solution - Pay close attention to the formulas and formatting of the in
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