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question 34

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Use the following information to answer the question(s) below.
Nielson Motors sold 10 million shares of stock in an SEO.The market price of Nielson's stock at the time was $37.50.Of the 10 million shares sold,4 million shares were primary shares sold by the company,and the remaining 6 million shares were being sold by the venture capital investors.Assume the underwriter charges 4% of the gross proceeds as an underwriting fee which is shared proportionately between the primary and secondary shares.
-The amount of money raised by Nielson Motors is closest to:


Definitions:

Personal Orientation Inventory

A self-report questionnaire designed to measure personal growth and self-actualization levels.

Self-actualization

A concept in humanistic psychology representing the realization of one's potential and self-fulfillment as the highest expression of a person's ability.

Maslow

He theorized that people are motivated to achieve certain needs and that some needs take precedence over others, starting with physiological needs and ending with self-actualization.

Self-actualizers

Individuals who achieve their highest potential in their own unique way, fulfilling what Abraham Maslow termed self-actualization.

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