Question: Question 26 10 points Save Answer Rock Industries has hired the investment banking firm to help for going public. Rock and investment bank agree that

Question 26 10 points Save Answer Rock Industries has hired the investment banking firm to help for going public. Rock and investment bank agree that Rock's current value of equity is $75 million. Rock currently has s million shares outstanding and will issue 2 million new shares. Investment bank charges a 7% spread. What is the offer price based on this information? a. 814 59 b. $10.93 OC. $10.71 Od $15.00

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