Convex Incorporated Sells 10 Million Shares in an SEO -

question 99

Multiple Choice

Convex Incorporated sells 10 million shares in an SEO - 6 million being primary shares issued by the company and 4 million being secondary shares sold by investors in the company. At the time of the sale, Convex's shares were selling at $8.00 per share. If the underwriter charges 6% of the gross proceeds as a fee, how much money was raised in the sale?

• A) $45.12 million
• B) $36.25 million
• C) $48.00 million
• D) $75.20 million

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The strategies and decisions through which a country interacts with other countries to protect its national interests and achieve its goals on the global stage.

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