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Title: Braynerd Chemicals sells 40 million shares of stock in an SEO35 million being primary shares issued ... Post by: Lopezj273 on Jul 7, 2019 Braynerd Chemicals sells 40 million shares of stock in an SEO—35 million being primary shares issued by the company and 5 million being secondary shares sold by investors in the company. At the time of the sale, Braynerd's stock was selling at $22.50 per share. If the underwriter charges 6% of the gross proceeds as a fee, how much money was raised in the sale?
▸ $740.25 million ▸ $553.00 million ▸ $620.85 million ▸ $846.00 million Title: Braynerd Chemicals sells 40 million shares of stock in an SEO35 million being primary shares issued ... Post by: wasan on Jul 7, 2019 Content hidden
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