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Dixon Corporation Is Considering a Public Offering of Common Stock

question 9

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Dixon Corporation is considering a public offering of common stock. The firm will offer one million shares of common stock for sale. The estimated selling price is $45 per share with Dixon Corp. receiving $40.50 per share after the offering. Registration fees are estimated at $275,000.
a) What is the spread in dollars? In percent?
b) What are the total expenses of the issue?
c) If Dixon Corp. needs to generate $28 million, how many shares will have to be sold?

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A law that defines how property in specific geographic zones can be used, regulating building types, sizes, and uses.

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The verbal communication of false statements harmful to a person's reputation.

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Declarations or claims that are not accurate, misleading, or false.

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