Question: Superman Enterprises has Just completed an initial public offering. The firm sold 2,550,000 new shares at an offer price of $16.50 per share. The underwritering

 Superman Enterprises has Just completed an initial public offering. The firm
sold 2,550,000 new shares at an offer price of $16.50 per share.

Superman Enterprises has Just completed an initial public offering. The firm sold 2,550,000 new shares at an offer price of $16.50 per share. The underwritering spread was $1.02 a share. The firm incurred $200,000 in legal, administrative, and other costs. What was the cost to the firm of the underwriting spread? Click Verify? to proceed to the next part of the question. Section Skywalker Inc. is proposing a rights offering. Presently there are 256,000 shares outstanding at $90 each. There will be 64,000 new shares offered at $52 each. What is the market value of the company after the offering is complete? Click "Verify" to proceed to the next part of the

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