Question: Rosetta Stone (RST), a developer of software for learning languages, went public in 2009. RST sold 3.515 million shares at an offering price of $17.0

Rosetta Stone (RST), a developer of software for learning languages, went public in 2009. RST sold 3.515 million shares at an offering price of $17.0 per share to the public. The investment banker's fee was 8.0%. What was the commission paid by RST to raise its capital via this IPO

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