Best option manufacturing wants to issue 2 million new, Ask an Expert

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Best Option Manufacturing wants to issue 2 million new shares. It has 4 million shares outstanding, which its investment banking firm estimates $65 million. If the investment banking firm charges a 4% spread, calculate the offer price and total amount ($) the firm will raise net of the spread.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91768781

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