Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / If Parker Inc

If Parker Inc

Finance

If Parker Inc. just sold 8,000,000 shares in an IPO for $13.54 per share. If the underwriter took a 6% fee, and the company incurred $325,000 in legal and consulting costs. What net proceeds did the company receive?

Input your answer in millions, rounded to 2 decimal places, and do NOT enter any symbols such as $, comma or % (e.g. 15.25 not 15250000)

Please explain and show calculations thank youb

Option 1

Low Cost Option
Download this past answer in few clicks

2.89 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE