What are the net proceds to the firm


Rayac is About to go public. Its stcokholders own 500,00 shares. The new public issue will represent 700,000 shares. The shares will be Prices at $25.00 to the public with a 5% spread. the out of pocket cost will be $450,00. What are the net proceds to the firm?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What are the net proceds to the firm
Reference No:- TGS0719111

Expected delivery within 24 Hours