Question: Please help me solve this problem please help me solve this problem Draiman Guitars is offering 95,000 shares of stock in an IPO by a

Please help me solve this problem please help me solve this problem

problem Draiman Guitars is offering 95,000 shares of stock in an IPO

Draiman Guitars is offering 95,000 shares of stock in an IPO by a general cash offer. The offer price is $36 per share and the underwriter's spread is 9 percent. The administrative costs are $335,000. What are the net proceeds to the company

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