How much money will froogle raise in the offering

Assignment Help Finance Basics

Reference no: EM13300086

Owners of the Internet bargain site FROOGLE.com have decided to takte their company public by conducting an initial public offering of common stock. They have agreed with their investment banker to sell 3.3 million shares to investors at an offer price of $14 per share. The underwriting spread is 7 percent.

a. what is the net price that Froogle will receive for its shares?
b. How much money will froogle raise in the offering?
c. How much do FROOGLE investment bankers make on this transaction?

Reference no: EM13300086

Questions Cloud

Explain the cacl2 is purchased in the hydrated form : The CaCl2 is purchased in the hydrated form. it contains one mole of water for each mole of compound, NaCO3 * H2O, and had a formula weight of 124.01 g/mol.

Tarzan swings through the jungle by hanging from a vine : Tarzan swings through the jungle by hanging from a vine. Immediately after he steps off the branch, is Tarzan's acceleration zero or nonzero

A turbulent boundary layer exists in the flow of water : A turbulent boundary layer exists in the flow of water at 20°C over a flat plate. The local shear stress measured at the surface of the plate is 0.085 N/m^2. What is the velocity at a point 0.78 cm from the plate surface?

Find the angular speed of the target just after collision : A target in a shooting range consists of a square wooden board of side length S = 0.500 meter and mass mT = 0.750 kg, find the angular speed of the target just after the collision

How much money will froogle raise in the offering : They have agreed with their investment banker to sell 3.3 million shares to investors at an offer price of $14 per share. The underwriting spread is 7 percent.

Determine percent error in replacing sine and tangent angles : Determine the percent error n in replacing the sine and the tangent of an angle by the value of the angle in radians for angle values 5 degrees, 10 degrees, and 20 degrees. Explain the qualitative difference between the sine and tangent results

Love canal is now : Love Canal is now: According to Darden, Hill, Thomas and Thomas, in their book Race and Uneven Development (1987), metropolitan Detroit needs to: According to the Myers and Pitkin article "Demographic Forces and Turning Points in the American City, 1..

State the reaction between fe3+ and scn- : Write the reaction between Fe3+ and SCN- in which [Fe(SCN)3] forms. b) Determine the equilibrium expression for K associated with this reaction

What is the emf induced in the inner solenoid : one solenoid is centered inside another. the outer one has a length of 45.0 cm and contains 6800 coils, what is the EMF induced in the inner solenoid

User Account

All Pages