The companys share price increases 2 per cent on the first, Financial Management

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The companys share price increases 2 per cent on the first

MLO Inc. plans a $20 million IPO with an offer price of $1 per share, underwritten at $0.80. The company’s legal fees, ASIC registration fees, and other administrative costs total $500,000. The company’s share price increases 2 per cent on the first day. What is the company’s total cost of issuing the securities?

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Financial Management: The companys share price increases 2 per cent on the first

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Financial Management: The companys share price increases 2 per cent on the first

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