(Answered) The current market value of tanus corp equity is 90

Finance

The current Market value of Tanus Corp equity is $90 million. The company has 25 million outstanding shares and will issue 5 million new shares. The investment banker charges a 7%pread.

What is the correctly valued offer price?

How much cash will the company raise net of the spread?

What percentage of the company will the new stock holders own?

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