Raybac is about to go public. its present stockholders own 500,000 shares. the new public issue will represent 700,000 shares. the shares will be priced at $25 to the public with a 5% spread. the out-of-pocket costs in addition to the spread will be $450,000. what are the total per-share underwriting fees to the investment banker? multiple choice $23.50 $1.25 $1.89 $1.50

$1.89

Explanation:

Given that,

Shares to be issued = 700,000 shares

Per share price to public = $25

Spread = 5%

Out of pocket cost = $450,000

Total per-share underwriting fees:

= [(Shares to be issued × Per share price to public × Spread) + Out of pocket cost] ÷ Shares to be issued

= [(700,000 × $25 × 0.05) + $450,000] ÷ 700,000

= $1.8929

= $1.89 (approx)

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answertop managers;