Question: Please help, ill like post!! DRK, Incorporated, has just sold 100,000 shares in an initial public offering. The underwriters explicit fees were $60,000. The offering
Please help, ill like post!!
DRK, Incorporated, has just sold 100,000 shares in an initial public offering. The underwriters explicit fees were $60,000. The offering price for the shares was $40, but immediately upon issue, the share price jumped to $44. What is the money on the table? Underwriting cost? Total cost?
Money on Table-
Underwriting cost-
Total cost-
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