Calculate the net proceeds per share

Reference no: EM131976047

Question: The Fitness Studio, Inc., with the help of its investment bank, recently issued 3.0 million shares of new stock. The offer price on the stock was $19.50 per share and The Fitness Studio received a total of $53,820,000 through this stock offering.

Calculate the net proceeds per share and the underwriter's spread per share on the stock offering.

Reference no: EM131976047

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