Use the Information for the Question(s)below

question 8

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 the venture capitalists receive?

---

Definitions:

Social Relatedness

The degree to which individuals feel connected and close to other members of their social group.

Sexual Response Cycle

Refers to the series of emotional and physical phases experienced during sexual activity, including stages of excitement, plateau, orgasm, and resolution.

Refractory Period

The period immediately following a stimulus, during which a nerve or muscle is unresponsive to a subsequent stimulus.

Excitement Stage

The initial phase of the human sexual response cycle, characterized by physiological arousal and preparation for sexual activity.