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A mid-sized firm plans to issue 10 million shares during an IPO. The underwriter plans to sell shares at $18.60; however, many investors believe the company should be valued at $27.50 per share. If the underwriter charges a $1.7 million fee to undertake the IPO, how much will the firm raise in the IPO?
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A mid-sized firm plans to issue 10 million shares during an IPO. The underwriter plans to sell share...
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