What percentage of gross proceed is investment bank charging

Reference no: EM131978993

Question: Harper's Dog Pens, Inc., with the help of its investment bank, recently issued 8.8 million shares of new stock. The offer price on the stock was $13.30 per share and Harper's received a total of $113.52 million from the stock offering. Calculate the net proceeds per share and the underwriter's spread per share on the stock offering. (Round your answers to 2 decimal places.) Net proceeds $ per share Underwriter's spread $ per share What percentage of the gross proceeds is the investment bank charging Harper's Dog Pens for underwriting the stock issue? (Round your answer to 2 decimal places.) Percent underwriting spread %

Reference no: EM131978993

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