How much money did the investment bank make?

An online medical advice company just completed an IPO with an investment bank on a firm-commitment Show more An online medical advice company just completed an IPO with an investment bank on a firm-commitment basis. The firm issued 5 million shares of common stock and the underwriting fees were $4.60 per share. The offering price was $25.30 per share. What were the total proceeds from the common-stock sale? (Round answer to nearest whole dollar e.g. 5275.) Total proceeds = _________$ How much money did the company receive? (Round answer to nearest whole dollar e.g. 5275.) Net proceeds to firm = $ How much money did the investment bank make? (Round answer to nearest whole dollar e.g. 5275.) Underwriting spread = $ Show less

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