Determine securities profit

Assignment Help Finance Basics

Reference no: EM1352321

LaJolla Securitites Inc. specializes in the underwriting of small companies. The terms of a recent offering were as follows:

Number of shares 2 million
Offering Price $25 per share
Net proceeds $45 million

LaJolla Securities expenses, associated with the offering, were $500,000. Determine LaJolla Securities profit on the offering if, immediately after the offering begain, the secondary market price of each share was as follows:

a. $23 per share
b. $25 per share
C. $28 per share

Reference no: EM1352321

Questions Cloud

Explain what key challenges should firm''s overcome : Explain What key challenges should firm's overcome to use technological innovation as a basis of compe titive advantage and What key competences are required?

Algorithm for finding smallest element in unsorted array : Consider the following algorithm for finding the smallest element in an unsorted array: RANDOMMIN(A[1 .. n]). What is the exact expected number of executions of line ( )?

Analyze indicators and prepare a report expected : Analyze these indicators and prepare a 3-4 page report explaining the expected short impact on firms.

Organizational mission and customer demands : Analyze how the organizational mission and customer demands impact the organizational behavior of the NYC Department of Education.

Determine securities profit : LaJolla Securitites Corporation specializes in the underwriting of small companies. The terms of a recent offering were as follows:

What is the potential difference in volts between the plates : The sunlight reaching the earth has a maximum electric field 810 V/m. compute the maximum magnetic field associated with it.

Exposure to domestic violence : Please provide four resolution strategies to the effects that exposure to domestic violence has on children, based on research based interventions.

Behavioural-dealing with dominat employee : Behavioural-dealing with dominat employee - Nikita is one of the 12 workers in Department X. She has strong leadership qualities and all her co-workers look up to her.

Explain how would you present the statistical information : Explain How would you present the statistical information within this case to the Industry Week decision maker

User Account

All Pages