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    wildbutterfly's Avatar
    wildbutterfly Posts: 2, Reputation: 1
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    #1

    Dec 2, 2009, 06:37 PM
    How much will WCMC receive from this offering?
    It is b. of problem 11-2 in the Meggison/Smart Introduction to Corporate Finance Chapter 11.
    wildbutterfly's Avatar
    wildbutterfly Posts: 2, Reputation: 1
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    #2

    Dec 2, 2009, 06:38 PM

    I think that you figure it by subtracting 7% of the $32 per offering or would the correct answer be to subrtact 7% from the initial offering of $25?
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