Business, 24.12.2020 15:50 wwwcarolynzouowficz

Convex Incorporated sells 10 million shares of stock in an SEO-8 million being primary shares issued by the company and 2 million being secondary shares sold by investors in the company. At the time of the sale, Convex's stock was selling at $7.50 per share. If the underwriter charges 4% of the gross proceeds as a fee, how much money was raised in the sale?

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Convex Incorporated sells 10 million shares of stock in an SEO-8 million being primary shares issued...