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A company is offering 5,000,000 new shares to the public. The shares are being sold...

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A company is offering 5,000,000 new shares to the public. The shares are being sold to a syndicate for 512 and are being re-offered to the public at 513. The compensation to the underwriters for each share sold is 50.75. The selling group receives $0.30 a share for each share it sells, and the managing underwriter retains $0.25 in fees for each share sold by anybody. The selling group will assist in selling 1,000,000 out of the 5.000.000 shares offered. How much does the company raise from this offering 565,000,000 55.000.000 $60,000,000 580.000.000 QUESTION 13 if an IPO will begin trading on the NASDAQ as soon as the new issue is publicly available, brokerage firms executing trades for the IPO must have the prospectus available for 25 days 90 days 30 days 40 days

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