Answer:
The amount paid to the issuer is $2,971,080.
Explanation:
The total number of shares is 135,000.
Though only 122,400 shares are sold to the public.
The initial selling price is $24.
The spread percentage is given at 8.3%.
The amount paid to the issuer will be
=Total number of shares*Initial selling price (1-spread)
=135,000*24*(1-0.083)
=135,000*24*0.917
=2,971,080
So, the amount paid to the issuer is $2,971,080.
The answer is Technical
I hope that helped
Assume an investor thinks the stock market is about to undergo a sharp retreat. under these conditions, the investor’s best course of action would be to interest rate future.
Buyers and sellers can trade equity shares of public firms in stock exchanges. Due to their ability to democratize access to investor trading and capital exchange, stock markets are essential elements of a free-market economy. Prices are discovered and traded in stock markets in an efficient manner.
Shares of publicly traded corporations are traded in stock market. In an initial public offering (IPO), corporations sell shares to the general public on the primary market in order to raise money.
Learn more about stock market here
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As trapes so when the enemy would attack the planted explosives would go off and kill multiple people
This is a probability question