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How much will firm receive from stock offering

McDougal Entertainment is offering 75,000 shares of stock to thepublic in a general cash offer. The offer price is $36 a share andthe underwriter's spread is 7.5 percent. The administrative costs are estimated at $350,000. How much will McDougal Entertainment receive from this stock offering?

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Solution Preview :

Prepared by a verified Expert

Finance Basics: How much will firm receive from stock offering

Reference No:- TGS0676912

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: How much will firm receive from stock offering

Reference No:- TGS0676912

Recent Questions Asked Finance Basics

Q : Which method would you recommend and why

Q : Susceptible to identity theft

Q : What would be the total production engineering cost

Q : Question-constantine corporation

Q : How much will firm receive from stock offering

Q : Determining the corporate cost of capital

Q : What is the total amount of period cost

Q : Financial management

Q : Identify the critical path

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