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MG 360 FINAL EXAM 1 Assessment of Knowledge Questions with Answers
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- Instelling
Himmel Corp. wants to raise $100 million in a new stock issue. Its investment banker indicates that the sale of new stock will require 12 percent underpricing and a 7 percent spread. (Hint: The underpricing is 12 percent of the current stock price, and the spread is 7 percent of the issue price.) ...
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