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B14 2 3 4 5 6 77 8 9 10 11 Shares Issued Price per Share, Initially Offered to Public Price, Close of First Day IPO Underwriter Explicit Costs (percent of money raised) 12 13 14 Xfx =B3*B4 A 15 Initial Public Offering (IPO), Istar Enterprises Required: Using the information above, calculate: total money raised from the IPO, underwriter costs, net proceeds to the firm, and value of the company at the end of the first day. A (Use cells A3 to B6 from the given information to complete this question.) Total Money Raised from IPO Underwriter Costs 16 Net Proceeds to Company 17 Value of Company, End of First Day 18 Proceeds and Costs from IPO B 25,000,000 $80.00 $83.00 0.07 Dollars $2,000,000,000 C