A public offering of common stock

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1.

Dixon Corporation is considering a public offering of common stock. The firm will offer one million shares of common stock for sale. The estimated selling price is $45 per share, with Dixon Corp. receiving $40.50 per share after the offering. Additional registration fees are estimated at $275,000.

a) What is the spread in dollars? In percent?
b) What are the total expenses of the issue?
c) If Dixon Corp. needs to generate $28 million, how many shares will have to be sold? 

Reference no: EM131030250

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