What was the dollar value of the under pricing associated

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Reference no: EM132056008

On August 19, 2004, Google completed its IPO of 19.00 million shares to the initial investors at $84.92 per share. The closing price of the stock that same day was $94.20. What was the dollar value of the under pricing associated with the Google IPO? (Round intermediate calculation to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 125.)

Reference no: EM132056008

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