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Homework answers / question archive / On August 19, 2004, Google completed its IPO of 21
On August 19, 2004, Google completed its IPO of 21.5 million shares to the initial investors at $80 per share. The closing price of the stock that same day was $100.00. What was the dollar value of the underpricing associated with the Google IPO? (Round answer to 0 decimal places, e.g. 5,275.)
Total underpricing was $ ____________ Million
enter the total underpricing in millions of dollars rounded to 0 decimal places
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