An investment bank agreed to underwrite an issue of 18,000,000 shares of stock for GKF Company on a firm commitment

An investment bank agreed to underwrite an issue of 18,000,000 shares of stock for GKF Company on a firm commitment basis. The bank paid the corporation $13.45 per share. It then sold the 18,000,000 shares to the public for $15.87 per share. (each) a. How much money did GKF Company receive

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