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Business, 16.04.2020 01:01 DESI111609

A mid-sized firm plans to issue 10 million shares during an IPO. The underwriter plans to sell shares at $23.60; however, many investors believe the company should be valued at $31.45 per share. If the underwriter charges a $1.3 million fee to undertake the IPO, how much will the firm raise in the IPO

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