Question byline inc just sold 800000 shares in a public, Ask an Expert

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Question: ByLine, Inc. just sold 800,000 shares in a public offering for an offering price of $26 per share. The underwriting fee was 8.00% of the issue's total value based on the offering price. As soon as the shares were issued, the price jumped to $38 per share.

What are the explicit, implicit, and total costs of the issue?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92789129

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