Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

Finance


Home >> Basic Finance

Trajax, Inc., a high-technology firm in Portland, raised a total of $91 million in an IPO. The company received $27 of the $33 per share offering price. The firm's legal fees, SEC registration fees, and other out-of-pocket costs were $450,000. The firm's stock price increased 17 percent on the first day of trading. What was the total cost of issuing the securities?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M944178

Have any Question? 


Related Questions in Basic Finance

What is marketing discipline what is most peoples

What is marketing discipline? What is most people's perception of marketing discipline? Name an organization that has done a great job marketing. What did they do to make you feel this way?

What is marketing discipline what is most peoples

What is marketing discipline? What is most people's perception of marketing discipline? Name an organization that has done a great job marketing. What did they do to make you feel this way?

Before-tax cost of debt and after-tax cost of debt david

Before-tax cost of debt and after-tax cost of debt David Abbot is buying a new house, and he is taking out a 30-year mortgage. David will borrow $200,000 from a bank, and to repay the loan he will make 360 monthly paymen ...

Question - an investment of 83 generates after-tax cash

Question - An investment of $83 generates after-tax cash flows of $42.00 in Year 1, $64.00 in Year 2, and $129.00 in Year 3. The required rate of return is 20 percent. Calculate the net present value?

In 2010 47462 air conditioning units were sold in fulton

In 2010 47,462 air conditioning units were sold in Fulton County. Glacial HVAC, Inc. sold 3,275 units in 2010. 2010 industry sales represent a 8.4 % decrease over 2009 sales. Calculate 2009 industry sales. Round your ans ...

Consider three investors who need to partially liquidate

Consider three investors who need to partially liquidate investments to raise cash. In this case, all investments have been held for 3 or more years. Investor A waited for a $1,500 qualified dividend distribution from he ...

If a firm has retained earnings of 31 million a common

If a firm has retained earnings of $3.1 million, a common shares account of $5.1 million, and additional paid-in capital of $10.2 million, how would these accounts change in response to a 10 percent stock dividend? Assum ...

Find the future value of this problem and round answer to 2

Find the future value of this problem, and round answer to 2 decimal places. (This is a problem to help me study for my test) How much would $1,000, growing at 5.0% per year, be worth after 40 years?

In todays environment how could firms balance their

In today's environment, how could firms balance their marketing activities while meeting the demand of consumers from the main culture as well as from a subculture?

You would like to retire in 39 years the expected rate of

You would like to retire in 39 years. The expected rate of inflation is 01.00% per year. You currently have a standard of living that requires $7,442 of monthly expenses. Assuming you want to maintain the same standard o ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved