If the total gross proceeds from stock sales amount to $37,000 and the underwriter's fee is $25,000, what is the net amount received?

World Stock Markets MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

PPSCFPSCNTSPakistan govt jobs
Subject
World Stock Marketsfinance-mcqs › world-stock-markets
Published
13 May 2023
Last updated
28 May 2026

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Explanation

The net proceeds are calculated by subtracting the underwriter's spread from the gross proceeds: $37,000 - $25,000 = $12,000.

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