How much money did the company receive

Assignment Help Finance Basics
Reference no: EM133114847

ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 5 million shares of common stock, and the underwriting fees were $3.78 per share. The offering price was $30.00 per share.

A.) What were the total proceeds from the common stock sale?

B.) How much money did the company receive?

C.) How much money did the investment bank receive in fees?

Reference no: EM133114847

Questions Cloud

Concepts of how retailers have evolved : 3. Look at the concepts of how retailers have evolved. Provide an example of one retailer who has evolved and become more market oriented in the process. Please
Information in the investment memo : Based on the information in the investment memo, what do you think are the top 3 risks facing Telco Exchange?
Determine the number of shares of preferred stock issued : Analysis of Stockholders' Equity - Determine the number of shares of preferred stock issued based on Eldon's balance sheet
Why is the irp concept important : 1) Explain in your own words what Interest Rate Parity is. Why is the IRP concept important?
How much money did the company receive : ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 5 million shares of common stock, and the underwriting fees we
What is the present value of share : Takuma is valuing the stock of the Paloma Company which manufactures machine tools. The firm is just about to pay a dividend of $2 per share. This is expected t
What is the december balance in aspen investment : If all companies use the equity method for internal reporting purposes, what is the December 31, 2017, balance in Aspen's Investment
What is koda beta : Koda's Manufacturing has a required return of 9.50%. If the market return is 13.0% and the nominal risk-free rate is 6.0%, what is Koda's beta?
Determine the interest rate parity is currently holding : 1) Explain in your own words what Interest Rate Parity is. Why is the IRP concept important?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd