egat Light sold 190.000 shares in an initial public offering. The underwriter's explicit fees were $68.000. The offering price for the shares was $38. but immediately upon issue, the share price jumped to $45. What is the best estimate of the total cost to Barnegat Light of the equity issue? Multiple Choice ο ο ο ο $1,330,000 $68,000 $1,262,000 $1,398,000

egat Light sold 190.000 shares in an initial public offering. The underwriter's explicit fees were $68.000. The offering price for the shares was $38. but immediately upon issue, the share price jumped to $45. What is the best estimate of the total cost to Barnegat Light of the equity issue? Multiple Choice ο ο ο ο $1,330,000 $68,000 $1,262,000 $1,398,000

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 12P

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