You Decide to Take Your Company Public by Offering a Total

question 290

Multiple Choice

You decide to take your company public by offering a total of 50,000 shares of common stock to the public in an initial public offering (IPO) . You hire an underwriter who arranges a full commitment
Underwriting and suggests an initial selling price of $28 a share with an 8 percent spread. As it
Turns out, the underwriters only sell 48,500 shares. How much cash will you receive from your IPO?

• A) $1,249,360
• B) $1,288,000
• C) $1,299,360
• D) $1,308,600
• E) $1,400,000

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Definitions:

Environmentally Responsible

The commitment to making decisions and taking actions that are in the best interests of protecting the natural world, with a particular emphasis on preserving the capability of the environment to support human life.

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The representation or perception of someone or something in the mind of the public or specific groups of people.

Ethical Dilemmas

Situations in which a person is required to choose between two conflicting moral principles, making it difficult to decide the right course of action.

Proactive Approach

Anticipating and planning for future challenges or opportunities rather than reacting to events as they occur.