Rock Industries has hired the investment banking firm to help for going public. Rock and investment bank agree that Rock's current value of equity is $75 million. Rock currently has 5 million shares outstanding and will issue 2 million new shares. Investment bank charges a 7% spread.  What is the offer price based on this information?   a. $10.93   b. $15.00   c. $14.59   d. $10.71

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