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Business, 13.06.2020 21:57 kghmgfxn3292

Bethesda Biosys issues an IPO on a best-efforts basis. The company's investment bank requires a spread of 18 percent of the selling price. The average selling price is expected to be $25 per share. Four million shares are issued. What are the net proceeds for the issuer?

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Bethesda Biosys issues an IPO on a best-efforts basis. The company's investment bank requires a spre...
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