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svetlana [45]
3 years ago
11

A corporation is issuing 5,000,000 shares of stock at a public offering price of $13 per share. The manager of the underwriting

syndicate receives $0.15 per share. The syndicate members' compensation is $0.65 per share for each share they sell. The selling group's concession is $0.40 per share for each share they sell. The syndicate is allocated 4,000,000 shares and the selling group is allocated 1,000,000 shares. When the issue is completely sold, the managing underwriter's fee will total:
Business
1 answer:
pentagon [3]3 years ago
8 0

Answer:

$12.20 per share for a total of $61,000,000

Explanation:

Calculation to determine how much will the managing underwriter's fee will total:

First step is to calculate the underwriting risk. Amount

Underwriting risk=($0.65 - $0.40)

Underwriting risk=$0.25

Second step is to calculate The total spread is

Total spread=($0.15+ $0.25 +$0.40 )

Total spread=$0.80

Now let determine the amount The issuer will receive and the Total

Amount received = ($13.00 - $0.80)

Amount received=$12.20 per share

Total= ($12.20 x 5,000,000 shares)

Total = $61,000,000

Therefore When the issue is completely sold, the managing underwriter's fee will total:$12.20 per share for a total of $61,000,000

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3 years ago
Someone help me. i have no clue oml
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3 years ago
Imogene loves to travel and communicate with other people. she is very patriotic and believes in helping and protecting others.
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The  two career pathways that imogene is best suited for is: National Security and Governance.

<h3>What is National Security and Governance?</h3>

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8 0
1 year ago
10 . What kind of good is it? Determine whether each of the following goods is a private good, a public good, a common resource,
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Answer:

Common resource

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Public Good

Explanation:

A common resource would be any limited commodity, including such water or farmland, which offers tangible advantages to consumers but which no one in specific owns or has sole rights to.

Private commodities are items that must be bought in order to be eaten, and one person's consumption forbids another individual from purchasing them.

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5 0
3 years ago
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Answer:

B. fine manipulative movements

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It is correct to say that Hans is an employee with skills in the area of ​​fine manipulative skills, which corresponds to the ability to control the realization of movements with the hands of offal, as in the manufacture of manual pendulum clocks, where it is necessary to manipulate small objects for the carrying out a job with a good finish and standardization. The ability of fine manipulative movements allows him stability when performing a job that requires attention, coordination and control over the hands.

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