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Sagamore Paint Sagamore Paint recently went public in a best efforts offering. The company offered 175,000 shares of stock for sale at an offer price of $29 per share. The current shareholders didn't sell their shares. The management costs associated with the offering were $415,000 and the underwriter's spread was 6.5%. After completing their sales efforts, the underwriters determined that they sold a total of 168,700 shares. What were the net proceeds to the company? Question 12 (4 points) How much is the price per share received by the company? Round it to two decimals Your Answer: Answer Question 13 (4 points) How much are the gross proceeds? Round it to whole numbers and use commas Your Answer: Answer Question 14 (4 points) How much are the proceeds? Round it to whole numbers and use commas Your Answer: Answer Sagamore Paint Sagamore Paint recently went public in a best efforts offering. The company offered 175,000 shares of stock for sale at an offer price of $29 per share. The current shareholders didn't sell their shares. The management costs associated with the offering were $415,000 and the underwriter's spread was 6.5%. After completing their sales efforts, the underwriters determined that they sold a total of 168,700 shares. What were the net proceeds to the company? Question 12 (4 points) How much is the price per share received by the company? Round it to two decimals Your Answer: Answer Question 13 (4 points) How much are the gross proceeds? Round it to whole numbers and use commas Your Answer: Answer Question 14 (4 points) How much are the proceeds? Round it to whole numbers and use commas Your

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