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. On Thursday, April 18, 2019 Zoom completed its IPO and began trading on the NASDAQ....

. On Thursday, April 18, 2019 Zoom completed its IPO and began trading on the NASDAQ. The 9.91 million shares in the IPO were priced at $36 per share. However, on the first day of trading the shares closed at $62. Assuming the investment bankers and lawyers charged 7% and 1% of the proceeds respectively; calculate the direct costs, indirect costs, and firm proceeds.

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