Question: With a firm commitment IPO, you can work to set the share price for your 1 million shares. This will result in a total of

With a firm commitment IPO, you can work to set the share price for your 1 million shares. This will result in a total of 11 million outstanding shares. You would like to set the share price at $31 per share. There is an underwriting spread of 5%. - How much could you potentially raise from the IPO? - What would be the market value of Rogue after the IPO? Value raised by IPO: Market value after IPO
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