Question: Problem 13.20 On August 19, 2004, Google completed its IPO of 19.10 million shares to the initial investors at $83.33 per share. The closing price

Problem 13.20 On August 19, 2004, Google completed its IPO of

Problem 13.20 On August 19, 2004, Google completed its IPO of 19.10 million shares to the initial investors at $83.33 per share. The closing price of the stock that same day was $94.55. What was the dollar value of the underpricing associated with the Google IPO? (Round intermediate calculation to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 125.) Total underpricing was $ million

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