Quiz Ch 15 – Unraveling the Stock Offering Details: Cervantes’ Additional Share Purchase

Fundamentals of Corporate Finance

Ross, Westerfield, and Jordan

13th Edition

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According to the information provided, Cervantes recently offered 60,000 new shares of stock for sale. The underwriters sold a total of 73,400 shares to the public at $18.20 per share, with an additional 13,400 shares purchased under which provision?

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