Husker’s Tuxedo’s Inc needs to raise $268 million to finance its plan for nationwide expansion In discussions

Question

Husker’s Tuxedo’s, Inc. needs to raise $268 million to finance its plan for nationwide expansion. In discussions

with its investment bank, Husker’s learns that the bankers recommend an offer price (or gross price) of $35 per share and they will charge an underwriter’s spread of $2.65 per share.

Finance