Service charge so the total commission is 2995 a

service charge, so the total commission is $29.95.
a. Suppose that your total transaction costs for selling the 1,200 shares
of Twitter in December were $59.95. What was the bid/ask spread for
Twitter at the time your trade was executed?
b. Given that Twitter is listed on the NYSE, do your total transaction costs
for December seem reasonable? Explain why or why not.
c. When your February statement arrives in the mail, you see that your
total trans-action costs for buying the 1,200 shares of Twitter were
$47.95. What was the bid/ask spread for Twitter at the time your trade
was executed?
d. What are your total round-trip transaction costs for both selling and
buying the shares, and what could you have done differently to reduce
the total costs?
You could have executed the
trade yourself to save 29.95
fee.

bid/ask spread)+broker commission
.05 bid/ask spread
.07 bid/spread
c and d are incorrect. Doublecheck your formulas.

a. Calculate the total proceeds for Netshoes’ IPO. 18 8250000
b. Calculate the dollar amount of the underwriting fee for Netshoes’ IPO.
A Brazilian company called
Netshoes completed its IPO on April 12, 2017, and listed
on the NYSE. Netshoes sold 8,250,000 shares of stock to
primary market investors at an IPO offer price of $18,
with an underwriting dis-count of 6.5%. Secondary
market investors, however, were paying only $16.10 per
share for Netshoes’ 31,025,936 shares of stock
outstanding.
c. Calculate the net proceeds for Netshoes’ IPO.
Initial public offering A Brazilian company called
Netshoes completed its IPO on April 12, 2017, and listed
on the NYSE. Netshoes sold 8,250,000 shares of stock to
primary market investors at an IPO offer price of $18,
with an underwriting dis-count of 6.5%. Secondary
market investors, however, were paying only $16.10 per
share for Netshoes’ 31,025,936 shares of stock
outstanding.
d. Calculate market capitalization for Netshoes’ outstanding stock. 16.1 e. Calculate IPO underpricing for Netshoes’ IPO. f. Explain the IPO underpricing for Netshoes. The underwriters overvalued the

$ 148,500,000.00
18*6.5=1.17 $ 9,652,500.00
31025936 $ 499,517,569.60
e stock compared to what the secondary market was willing to pay.

Complete the following problems from Chapters 1 and 2 in Principles of Managerial Finance:
1. The Role of Managerial Finance: P1-1; P1-3; P1-4; P1-5
2. The Financial Markets: E2-4; P2-1; P2-2; P2-4
Use Excel and the Chapters 1-2 Excel resource found at the end of each chapter of the textbook (if needed).
Please show all work for each problem. Formatting for presentation of numbers and use of formulas should b
You are not required to submit this assignment to LopesWrite.

be clear, succinct, and properly labeled.