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Genesis uses the help of its investment bank, recently issued 9.3 million shares of new stock. The offer price on the stock was $13.50 per share and Genesis’s received a total of $118.11 million from the stock offering. Calculate the net proceeds per share and the underwriter's spread per share on the stock offering. ( 2 decimal places.)

Net proceeds per share Underwriters spread per share percent underwriter spread

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92319880

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