Question: Please show working out without excel a) Discuss two advantages and two disadvantages of going public for firms. (4 marks) b) A company makes an

Please show working out without excel a) Discuss two advantages and twoPlease show working out without excel

a) Discuss two advantages and two disadvantages of going public for firms. (4 marks) b) A company makes an initial public offering of shares to raise $350 million, at an offer price of $5 per share. The issue is underwritten at $4.70. The costs of preparing the prospectus, legal fees, ASIC registration and other administrative costs add up to $750,000. If the firms' share price closes at $5.20 on its first day of trade. What is the total cost of the IPO? (4 marks) c) Explain two important roles of investment bankers in the process of IPO. (2 marks)

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