Question: please to provide a detailed solution to this problem. B & W Investment Bank (BWIB) is the lead broker for DiskPlus Limited's (DPL) IPO. BWIB

please to provide a detailed solution to this problem. B &

please to provide a detailed solution to this problem.

B & W Investment Bank (BWIB) is the lead broker for DiskPlus Limited's (DPL) IPO. BWIB will be using a fully exercise over-allotment option of 15% for DL's IPO. BWIB will be underwriting 10 million shares at a price of $60 per share. The gross fee for the investment bank is 2. After the offering the company's stock price increased to $62 per share. Use the green shoe option to calculate the funds BWIB will receive from this transaction What amount wiil DPL receive? Provide explanations for your computations. (8 Marks) B & W Investment Bank (BWIB) is the lead broker for DiskPlus Limited's (DPL) IPO. BWIB will be using a fully exercise over-allotment option of 15% for DL's IPO. BWIB will be underwriting 10 million shares at a price of $60 per share. The gross fee for the investment bank is 2. After the offering the company's stock price increased to $62 per share. Use the green shoe option to calculate the funds BWIB will receive from this transaction What amount wiil DPL receive? Provide explanations for your computations. (8 Marks)

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