Dixon Corporation Is Considering a Public Offering of Common Stock

question 73

Essay

Dixon Corporation is considering a public offering of common stock.The firm will offer one million shares of common stock for sale.The estimated selling price is $30 per share with Dixon Corp.receiving $26.25 per share after the offering.Registration fees are estimated at $275,000.
A)What is the spread in dollars? In percent?
B)What are the total expenses of the issue?
C)If Dixon Corp.needs to generate $28 million,how many shares will have to be sold?

• A)What is the spread in dollars? In percent?
• B)What are the total expenses of the issue?
• C)If Dixon Corp.needs to generate $28 million,how many shares will have to be sold?

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Definitions:

Thallium Poison

The toxic effect caused by exposure to thallium, a heavy metal that can lead to symptoms ranging from hair loss to potentially fatal organ damage.

Thallium Poisoning

A toxic condition resulting from exposure to thallium, a heavy metal that can lead to severe health issues like hair loss, neurological damage, and even death.

Ionic Compound

Ions combined through the strength of electrostatic attractions to form a chemical compound, in a process called ionic bonding.

Sodium

A soft, silvery-white, highly reactive metal and an essential element in animal nutrition, symbolized as Na.