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Business, 01.12.2021 02:00 Astute

An investment banker agrees to a firm commitment offering of 1.2 million shares of Bally stock. The offer price is set at $25.50 and the spread is 30 cents per share. If the stock is actually sold to the public at $26.00, what is the amount of funds Bally receives

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An investment banker agrees to a firm commitment offering of 1.2 million shares of Bally stock. The...
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