Use the Information for the Question(s)below

question 23

Essay

Use the information for the question(s)below.
Luther Industries sold 10 million shares of stock in an SEO.The market price of Luther at the time was $25 per share.Of the 10 million shares sold,6 million shares were primary shares being sold by the company,and the remaining 4 million shares were being sold by venture capitalists.Luther's underwriter charges 5% of the gross proceeds as an underwriting fee.
-How much money did Luther raise?

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Definitions:

Expressive Roles

Roles associated with emotional support, nurturance, and maintaining interpersonal relationships within the family or group.

Social Learning Theory

A theory in psychology that proposes that new behaviors can be acquired by observing and imitating others.

Cognitive Development Theory

A theory that describes how human beings acquire, construct, and use knowledge as they grow and develop.

Feminist Approaches

Theoretical perspectives focusing on gender inequalities and aiming for the advocacy of women's rights and interests.