The company will receive 43 per share the firms legal fees


Myriad Biotech plans a $114 million IPO in which the offering price to the public will be $51 per share. The company will receive $43 per share. The firms legal fees, SEC registration fees, and other out-of-pocket costs will t otal $525,000. If the stock price increases 14 percent on the first day of trading, what will be the total cost of issuing the securities?

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Finance Basics: The company will receive 43 per share the firms legal fees
Reference No:- TGS0618839

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