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ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The...

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ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 6 million shares of common stock, and the underwriting fees were $2.43 per share. The offering price was $30.00 per share. (a) x Your answer is incorrect. Try again. What were the total proceeds from the common stock sale? Total Proceeds 165000000 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT Attempts: 2 of 2 used (b) Your answer is correct. How much money did the company receive? Net Proceeds to Firm 165,420,000 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT Attempts: 2 of 2 used (c) How much money did the investment bank receive in fees? Underwriting Spread

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