Problem 15.07 – The Wiley Oakley Co.

Essentials of Corporate Finance

Ross, Westerfield, and Jordan

10th Edition

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What is the net amount raised, total direct costs, total indirect costs, total costs, and flotation cost percentage for a company after going public and receiving a certain amount for each of a number of shares sold, with an initial offering price and stock rising minutes after trading, and paying legal and other direct costs and indirect costs?

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