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

question 46

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 the underwriter will earn on this transaction is closest to:

• A)$4 million.
• B)$6 million.
• C)$9 million.
• D)$15 million.

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Preserved

Something that has been maintained in its original or existing state, often referring to food treated to prevent decay or to historical sites maintained for posterity.

Agriculture Organization

An entity that focuses on agricultural development, research, and support to farmers and the agricultural sector.

Forested Land

Land covered significantly by trees and undergrowth, often assessed for its value in ecology, economy, and recreation.

Fastest Growing

Refers to the quick rate of expansion in sectors, companies, or economies.