Business
Business, 19.11.2019 00:31, hannahv10

Raybac is about to go public. its present stockholders own 500,000 shares. the new public issue will represent 700,000 shares. the shares will be priced at $25 to the public with a 5% spread. the out-of-pocket costs in addition to the spread will be $450,000. what are the total per-share underwriting fees to the investment banker? multiple choice $23.50 $1.25 $1.89 $1.50

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Raybac is about to go public. its present stockholders own 500,000 shares. the new public issue will...

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