Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. underwriting discount of 6.8%. secondary market in

underwriting discount of 6.8%. Secondary market investors, however, were paying $20.91 per share for Keros'...

60.1K

Verified Solution

Question

Finance

image

underwriting discount of 6.8%. Secondary market investors, however, were paying $20.91 per share for Keros' 19,189,391 shares of stock outstanding (which includes the newly-issued shares). a. Calculate the total proceeds for Keros' IPO. b. Calculate the dollar amount of the underwriting fee for Keros' IPO. c. Calculate the net proceeds for Keros' IPO. d. Calculate market capitalization for Keros' outstanding stock. e. Calculate IPO underpricing for Keros' IPO. f. Explain the IPO underpricing for Keros

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students