celine's corporation is looking to go public and has ahired  local investment bank , dromi &associates as its underwritten . celyn's fee cashflow last year was $3000000. celine and dromi agree that the company's free cashfow will invrease by 15% for the nexr 3 years and by constnt 5% growth rte thereafter its wacc is estomated at 10% . celine's currently has $30000000 in debt and $10000000 in non operating assets  celine currently has 4 million shares outstanding and will issue 1 million new shares. dromi's underwrtiing fee (spread) is 7% 1. what is celine'd pre IPO share price(rounded to the nearest penny)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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celine's corporation is looking to go public and has ahired  local investment bank , dromi &associates as its underwritten . celyn's fee cashflow last year was $3000000. celine and dromi agree that the company's free cashfow will invrease by 15% for the nexr 3 years and by constnt 5% growth rte thereafter its wacc is estomated at 10% . celine's currently has $30000000 in debt and $10000000 in non operating assets 

celine currently has 4 million shares outstanding and will issue 1 million new shares. dromi's underwrtiing fee (spread) is 7%

1. what is celine'd pre IPO share price(rounded to the nearest penny)

2. what should be zintech' correctly valuedd IPO share prive

3. how much ash will zintech raise out of this IPO net of all fees

 

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