1) Bruce Wayne is going public with his new business. BerkmanInvestment Bank will be his banker and is doing a best efforts salewith a 3.9% commission fee. The SEC has authorized Wayne4,840,000  shares for this issue. He plans to keep1,210,000 shares for? himself, hold back an additional 200,000shares according to the? green-shoe provision for BerkmanInvestment? Bank, pay off Venture Capitalists with 500,000 ?shares,and sell the remaining shares at $16.17 a share. Given the bids atthe auction? (shown on the table? here:??

Bidder	Quantity Bid
Gotham Pension Fund	1,990,000
Clark Kent Investors	1,020,000
Central City Insurance	610,000
Arthur Curry	350,000
Barry Allen	340,000
Total	4,310,000

a) How many shares does Gotham Pension get?

b) How many shares does Clark Kent Get?

c)How many shares does Arthur Curry get?

d) How many shares does Barry Allen get?

e) What is the total cash flow to Wayne after the?sale?

f) What is the total cash flow to Berkman InvestmentBank after the sale?

2) Criss-Cross Manufacturers will issue commercial paper for a?short-term cash inflow. ? Criss-Cross must raise $5,800,000?, andthe paper will have a maturity of 182 days. If this paper has amaturity value of $50,000 and is selling at an annual interest rateof 8.6%?,

what are the proceeds from each? paper?

what is the discount rate on the commercial?paper?