Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Applied Sciences Posted 10 Aug 2017 My Price 4.00

Swan Songs Ltd

Calculating Flotation Costs. Swan Songs Ltd has just gone public. Under a firm-commitment agreement, Swan Songs received $19 for each of the 6.5 million shares sold. The initial offering price was $21.25 per share, and the share price rose to $26.45 in the first few minutes of trading. Swan Songs paid $900 000 in legal and other direct costs, and $175 000 in indirect costs. What was the flotation cost as a percentage of funds raised?

Answers

(5)
Status NEW Posted 10 Aug 2017 10:08 PM My Price 4.00

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