Use the Following Information to Answer the Question(s)below

question 51

Multiple Choice

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 the venture capitalists is closest to:

• A)$144 million.
• B)$150 million.
• C)$216 million.
• D)$219 million.

---

Definitions:

Retrieval Cues

Stimuli or prompts that aid the recall of information stored in memory.

Serial Position Effects

A memory-related phenomenon where people tend to recall the first and last items in a series better than the middle items.

Sensory Memories

The shortest-term element of memory, allowing the retention of impressions of sensory information after the original stimuli have ended.

Rehearsal

A cognitive process involving the conscious repetition of information to be remembered, facilitating its transfer to long-term memory.