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problem: McDougal Entertainment is offers 75,000 shares of stock to the public in a general cash offer. The offer price is 36 dollar a share and the underpreparer's spread is 7.5%. The managerial costs are estimated at 350,000 dollars. Determine how much will McDougal Entertainment receive from this stock offering?

[A] $2,497,500

[B] $2,550,500

[C] $2,700,000

[D] $2,147,500

[E] $2,350,000

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