What is the underwriting discount as a percent of the ipo, Financial Management

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What is the underwriting discount as a percent of the ipo

Square issued 27 million shares at $9.00 per share for its IPO. Snap issued 200 million shares at $17 per share.

a. What is the underwriting discount as a percent of the IPO price for each IPO?

b. What percent of the total shares are liquefying selling shareholders for each IPO?

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Financial Management: What is the underwriting discount as a percent of the ipo

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