Calculate the net proceeds per share

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Reference no: EM132001598

Harper’s Dog Pens, Inc., with the help of its investment bank, recently issued 8.6 million shares of new stock. The offer price on the stock was $13.10 per share and Harper’s received a total of $107.50 million from the stock offering. Calculate the net proceeds per share and the underwriter's spread per share on the stock offering. (Round your answers to 2 decimal places.) Net proceeds $ per share Underwriter’s spread $ per share What percentage of the gross proceeds is the investment bank charging Harper’s Dog Pens for underwriting the stock issue? (Round your answer to 2 decimal places.)

Reference no: EM132001598

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