Question: PRINTER VERSION 4 BACK NEXT Question 14 ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 5

PRINTER VERSION 4 BACK NEXT Question 14 ABC C.o just completed

PRINTER VERSION 4 BACK NEXT Question 14 ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 5 million shares of common stock, and the underwriting fees were $3.03 per share. The offering price was $30.00 per share. (a) Your answer is correct. What were the total proceeds from the common stock sale? Total Proceeds 150,000,000 Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT Attempts: 1 of 2 used (b) How much money did the company receive? Net Proceeds to Firm $

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