Computing the dollar cost-supersimple inc

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SuperSimple Inc sold 2.2 million shares in its IPO. The price per share was $50.15. On this transaction, management negotiated the underwriting spread fee of 7%. What was the dollar cost of this fee?

Reference no: EM132484023

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Computing the dollar cost-supersimple inc : The price per share was $50.15. On this transaction, management negotiated the underwriting spread fee of 7%. What was the dollar cost of this fee?
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