What percentage of the total value of the issue based on, Financial Management

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What percentage of the total value of the issue based on

Zip Corporation will issue 400,000 shares of common stock for a price of $20 per share. The company will receive $19 per share and incur $125,000 in out-of-pocket expenses.

What is the percentage spread?

What percentage of the total value of the issue (based on price) are the out-of-pocket costs?

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Financial Management: What percentage of the total value of the issue based on

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Financial Management: What percentage of the total value of the issue based on

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