Answer:
$36.79
Explanation:
Calculation to determine What will be the IPO price per share
First step is to calculate the Cumulative shares
Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million
Cumulative shares = 3.425 million
Now let calculate the IPO price
IPO price = $14 × $9 million / 3.425 million
IPO price= $36.79
Therefore What will be the IPO price per share is $36.79
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Here is the answer your welcome
Answer:
The state of the economy.
Explanation:
An investment can be regarded as an asset/item which is acquired so that income can be generated i.e the Asset can appreciate, by saying appreciate we mean the increase in value with time. The goal of investment when purchased is to create a future wealth.
It should be noted that The level of investment in markets often indicates
The state of the economy.
