What is the price per share for Snap Inc. IPO based upon the following data: Rf =

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What is the price per share for Snap Inc. IPO based upon the following data:

Rf = 1.5%; Rm = 7%; Investment Banking Fee (Floating Rate) = 5%

Existing Snap Shares = 375,000,000; New Snap IPO Shares = 20,000,000,000;

Pre-Snap IPO Value = $33 billion

Related Book For answer-question

Entrepreneurial Finance

ISBN: 978-1305968356

6th edition

Authors: J. Chris Leach, Ronald W. Melicher

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Posted Date: Jun 12, 2023 06:09 AM

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What is the price per share for Snap Inc. IPO based upon the following data: Rf =

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Calculate the total value of the company after the IP... View the full answer

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