AbacusCom Has Just Made an Initial Public Offering of Stock

Abacus.com has just made an initial public offering of stock with the help of an investment bank.It sold 5 million shares at a price of $84 each.How much money did the corporation raise through this stock offering?

A) $420 million
B) zero,because a firm only acquires funds on the secondary market
C) $336 million
D) $420 million minus fees paid to the investment bank
E) It depends on the interest rate