Young Corporation stock currently sells for $30 per share. There are 1 million shares currently...
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Young Corporation stock currently sells for $ per share. There are million shares currently outstanding. The company announces plans to raise $ million by offering shares to the public at a price of $ per share. a If the underwriting spread is how many shares will the company need to issue in order to be left with net proceeds before other administrative costs of $ million? Note: Do not round intermediate calculations. Round your answer to the nearest whole number. Number of shares b If the under writing spread is and the other administrative costs are $ what is the dollar value of the total direct costs of the issue? Note: Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. tableTotal direct costs,$ 
Young Corporation stock currently sells for $ per share. There are million shares currently outstanding. The company announces plans to raise $ million by offering shares to the public at a price of $ per share.
a If the underwriting spread is how many shares will the company need to issue in order to be left with net proceeds before other administrative costs of $ million?
Note: Do not round intermediate calculations. Round your answer to the nearest whole number.
Number of shares
b If the under writing spread is and the other administrative costs are $ what is the dollar value of the total direct costs of the issue?
Note: Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.
tableTotal direct costs,$
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