An online medical advice company just completed an IPO with an investment bank on a firm- commitment basis. The firm issued five million shares of common stock, and the underwriting fees were $2.20 per share. The offering price was $27.60 per share. (a) Your answer is correct. What were the total proceeds from the common-stock sale? Total proceeds $ 138,000,000 eTextbook and Media Attempts: 2 of 3 used (b) How much money did the company receive? Net proceeds to firm $

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