13. Bavarian Brewhouse is planning on going public. Under the underwriting agreement the underwriting! discount...
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13. Bavarian Brewhouse is planning on going public. Under the underwriting agreement the underwriting! discount is 7.25%. Legal and other expenses amount to $1,350,000. If the offering price of the stock is set at $12.50 per share, how many shares does the company have to issue to raise $75 million? a. 6,108,000 b. 6,585,445 c. 6,696,429 d. 7,124,359
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