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Management · Q612

International Finance and Treasury

Graduate and Post Graduate · Management · question 612

Q612

Gross proceeds of stock is 24000 and net proceeds are 35000 then under writers spread is

A.
$15,000
B.
$13,500
C.
$16,750
D.
$11,000
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Underwriters spread = Net proceeds - Gross proceeds
= 24000 = $11,000.
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