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My name is Ann [436]
3 years ago
14

An investment banker agrees to a best efforts offering of 2.5 million shares of Crew stock. The offer price is set at $35 per sh

are. If the stock is actually sold to the public at $34.50 and the banker charges a 3.45 cent commission per share sold, what is the amount of funds Crew receives? (Ignore any other fees or expenses.)
Business
1 answer:
Nastasia [14]3 years ago
8 0

Answer:

Ans. Crew receives $86,163,750

Explanation:

Hi, the stock is actually sold to the public at $34.50 and the bankers commision is 3.45 cents/share ($0.0345/share), the revenue per share is $34.50 - $0.0345 = $34.4655.

Since there are 2,500,000 shares at $34.4655 per share, Crew receives:

2,500,000*$34.4655 = $86,163,750

Best of luck.

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MissTica

Answer:

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Explanation:

First let's define a career field skills:

A career field skills is an extra skill or a transferable skill which one can develop on his journey of life in such a way that one can be self employed with it.

Health skills

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3 years ago
Labor unions want _____ wages for employees, but producers could earn more profits by offering _____ wages.
andrew-mc [135]
Labor unions want higher wages for employees, but producers can earn more profits by offering lower wages.
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The internal financial statements of Vera Incorporated show that their beaded purses incurred an operating loss in the most rece
brilliants [131]

Answer:

Vera Incorporated

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you've been meaning to fix those rotted boards on your porch for years. finally, last week the deck gave way. No, you will not be able to recover the cost of replacement. This is further explained below.

<h3>What is the cost?</h3>

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St.​ Mark's Square is a beautiful plaza in Venice that is often frequented by both tourists and pigeons. Ringing the piazza are
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