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Title: An investment bank recently sold 2 million shares during the IPO for Text Prediction Ltd. Each share ... Post by: johnboycs on Aug 20, 2023 An investment bank recently sold 2 million shares during the IPO for Text Prediction Ltd. Each share was offered at $60, with a spread of $5 per share. Text Prediction received net proceeds of $137.5 million from this stock issue. How many shares were issued in this IPO, given that it was an underwritten issue? Assume no other costs of issuing shares. ▸ 3,500,000 ▸ 3,000,000 ▸ 2,500,000 ▸ 2,000,000 Title: Re: An investment bank recently sold 2 million shares during the IPO for Text Prediction Ltd. Each share ... Post by: browntown345 on Aug 20, 2023 Content hidden
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