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8 3 Caspian Sea Drinks needs to raise $40.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend

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8 3 Caspian Sea Drinks needs to raise $40.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $115 next year, which will grow at 3.28% forever and the cost of equity to be 12.99%, then how many shares of stock must CSD sell? Submit Answer formar: Number Round to decimal places

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