What are the net amount raised and direct costs

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Reference no: EM131587096

The Wiley Oakley Co. has just gone public. Under a firm commitment agreement, the company received $21.85 for each of the 6.67 million shares sold. The initial offering price was $23.70 per share, and the stock rose to $30.21 per share in the first few minutes of trading. The company paid $917,000 in legal and other direct costs and $192,000 in indirect costs.

What is/are the...

Net Amount Raised

Direct Costs

Indirect Costs

Total Costs

Flotation Cost Percentage

Reference no: EM131587096

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