Question: un - E Shades issued 4 0 0 , 0 0 0 shares to the public. The gross proceeds were $ 2 0 million and

un-E Shades issued 400,000 shares to the public. The gross proceeds were $20 million and the net proceeds were $19 million. Merrel Bench was the lead underwriter and deal negotiator, but 10 other investment bankers (one of which was Golden Sax) were also used to put up capital and help sell the issue. Which of the following statements is/are correct?
The public paid $50 a share.
Golden Sax was the originating house.
The spread per share was $3.50.
Merrel Bench is the originating house.
This offer was a syndicated deal.
Multiple Choice
I1, II, and IV only
III and V5 only
I1, IV, and V5 only
II and III only
I1 and V5 only

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