(Answered) Mr doerr of kleiner perkins caufield amp byers owned a

Finance

Mr. Doerr of Kleiner Perkins Caufield & Byers owned a significant number of shares. What was the market value of these shares at the end of the first day of trading?

Amazon.com issued an initial public offering in May 1997.
Prior to its IPO, the following information on shares outstanding was listed in the final prospectus:

In the IPO, the firm issued 3,000,000 new shares. The initial price was $18.00/share with investment bankers retaining $1.26 as fees. The final first-day closing price was$23.50.

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91885569
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Set up an amortization schedule for a 15000 loan to be

Set up an amortization schedule for a $15,000 loan to be repaid in equal installments at the end of each of the next 4 years. The interest rate is 10%. How large must each payment be if the loan is for $30,000? Assume th ...

A life-cycle cost lcc analysis is being used to help

A life-cycle cost (LCC) analysis is being used to help determine whether the purchase of a high-performance heating ventilating and air conditioning (HVAC) system is cost-effective or not. This analysis would customarily ...

1 your firm expects to incur a 500k loss in year 1 and make

1. Your firm expects to incur a ($500K) loss in year 1 and make $100K of net income in year 2 and $300K of net income in year 3. The retention ratio is projected to be 100%. The beginning equity balance on the balance sh ...

Timco can generate eps of 4 per year forever by maintaining

Timco can generate EPS of $4 per year forever by maintaining current operations. Tim has an investment opportunity for the firm that he expects will generate a 12% return. He would have to reinvest 25% of his earnings. S ...

What functional roles does marketing research play the

What functional roles does marketing research play the development of a marketing decision? Give an example of each role.

Susan is considering the expansion of her picture framing

Susan is considering the expansion of her picture framing business to include the printing of oversize pictures from CDs. she would need to lease equipment, at a cost of $186 per month. to process the pictures, she estim ...

What is the market price of a bond if the face value is

What is the market price of a bond if the face value is $1,000 and the yield to maturity is 6.2 percent? The bond has a 5.75 percent coupon rate and matures in 12.0 years. The bond pays interest semiannually.

An executor may value assets as of the date of death or the

An executor may value assets as of the date of death or the alternate valuation date 6 months after death. Assuming the estate is eligible to elect, and the executor elects, the alternate valuation date, which of the fol ...

Question one 11 what is meant by each of each of the

Question one: 1.1. What is meant by each of each of the following statements? a. "The present value of the future cash flows expected from an investment project is R30,000,000". b. "The net present value (NPV) of an inve ...

Grant technologies needs 300000 to pay its supplier grants

Grant Technologies needs $300,000 to pay its supplier. Grant's bank is offering a 210-day simple interest loan with a quoted interest rate of 11 percent and a 20 percent compensating balance requirement. Assuming there a ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert