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Business, 12.08.2019 19:30 damian11154

The boat works decided to go public by offering a total of 135,000 shares of common stock to the public. the company hired an underwriter who arranged a firm commitment underwriting and an initial selling price of $24 a share with a spread of 8.3 percent. as it turned out, the underwriters only sold 122,400 shares to the public. what is the amount paid to the issuer

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