Mcdougal entertainment is offering 75000 shares of stock to

Reference no: EM13621918

McDougal Entertainment is offering 75,000 shares of stock to the public in a general cash offer. The offer price is $36 a share and the underwriter's spread is 7.5 percent. The administrative costs are estimated at $350,000. How much will McDougal Entertainment receive from this stock offering?

Reference no: EM13621918

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