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Author Question: Dusty Corporation is issuing an IPO with an issue price of $15 per share that is expected to raise ... (Read 69 times)

jho37

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Dusty Corporation is issuing an IPO with an issue price of $15 per share that is expected to raise about $100 million.  Which of the following is likely to be true?
◦ The cost of the IPO to Dusty will be about $7 million.
◦ The price of the stock will be less than $15 at the close of the first trading day.
◦ The stock will perform very well in the three to five years after the issue.
◦ None of the above is likely to happen.


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Marked as best answer by jho37 on Jul 9, 2019

wilsonbho

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jho37

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Reply 2 on: Jul 9, 2019
YES! Correct, THANKS for helping me on my review


bassamabas

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Reply 3 on: Yesterday
:D TYSM

 

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