Question: Question: With a firm commitment IPO, you oan work to set the thate price for your 1 million shares. This will resuit in a fotal

 Question: With a firm commitment IPO, you oan work to set

Question: With a firm commitment IPO, you oan work to set the thate price for your 1 million shares. This will resuit in a fotal of 11 million outstanding shares. You would like to set the share prioe at \$31 per share. There is an underwriting spread of 5%. How much could you potentially raise from the IPO

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