27.ABC Company has decided to issue $500 million in common stock to raise funds to finance future growth. The company's stock is currently selling for $50 per share. a/ [3 pts] If the flotation cost is 10%, what is the amount of issue for ABC to net the $500 million planned? There is an additional cost of $200,000. Round up your answer. b/ [3 pts] How many shares of stock does ABC plan to issue? Round up partial numbers of shares to full shares