princejolivert
17.12.2021 •
Business
The Beranek Company, whose stock price is now $30, needs to raise $17 million in common stock. Underwriters have informed the firm's management that they must price the new issue to the public at $27 per share because of signaling effects. The underwriters' compensation will be 3% of the issue price, so Beranek will net $26.19 per share. The firm will also incur expenses in the amount of $110,000. How many shares must the firm sell to net $17 million after underwriting and flotation expenses
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Ответ:
The reactants have four hydrogen atoms and four oxygen atoms. On the other hand, the products have just two hydrogen atoms and three oxygen atoms. So, to balance the chemical equation, there should be two more hydrogen atoms and one more oxygen atom. This imbalance can be corrected by placing the number 2 in front of H2O on the reactants' side.