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Author Question: In its IPO, Jillian's Imprints, a small publishing house, offered stock at a price of $8.00 per ... (Read 82 times)

Mollykgkg

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In its IPO, Jillian's Imprints, a small publishing house, offered stock at a price of $8.00 per share. The underwriters of this IPO had a spread of 6.5% per share. If 2 million shares were sold, what funds did Jillian's receive from the IPO?
◦ $5.21 million
◦ $16.00 million
◦ $14.96 million
◦ $17.04 million


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Marked as best answer by Mollykgkg on Jul 9, 2019

Chelseyj.hasty

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