A company sold 200000 shares in an ipo the underwriters, Ask an Expert

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A company sold 200,000 shares in an IPO. The underwriter's explicit fees were $90,000. The offering price of the shares was $35 but immediately upon issue the share price jumped to $43. What is the best estimate of the total cost to the company for the equity issue?

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Financial Management, Finance

Category:- Financial Management
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