What is the additional expected dollar benefit

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Reference no: EM133027511

Assume the Precision Tool's stock price one year from now has the following probability distribution:

a. What is the additional expected dollar benefit to Aberwald, Butler, Van Buren & Company from the option package?

b. Disregarding the time value of money, what would be the total underwriting expense expressed as a percentage of funds raised?

Reference no: EM133027511

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