A company sold 200000 shares in an ipo the underwriters, Finance Basics

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A company sold 200000 shares in an ipo the underwriters

Question: A company sold 200,000 shares in an IPO. The underwriter's explicit fees were $90,000. The offering price of the shares was $35 but immediately upon issue the share price jumped to $43. What is the best estimate of the total cost to the company for the equity issue? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: A company sold 200000 shares in an ipo the underwriters

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