Quiz Ch 15 – Hondros Corporation

Fundamentals of Corporate Finance

Ross, Westerfield, and Jordan

13th Edition

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What underwriting method was employed in Hondros Corporation's recent initial public offering (IPO), which involved offering 42,000 shares and obtaining net proceeds of $18.56 per share, while their underwriter, Hirani & Tran, sold 37,000 shares to the public at an offer price of $20.63 per share?

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