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Yellow Corporation stock currently sells for $75 per share. There are 10 million shares currently outstanding The company announces plans to raise $7 million by offering shares to the public at a price of $75 per share. If the underwriting spread is 4 %, how many shares will the company need to issue in order to be left with net proceeds of $7 million? Enter your answer as a whole number not in millions. For example, 1,000,000 not 1 million.) Shares 97222 Correct response: 97, 222+10 If other administrative costs are $80,000, what is the dollar value of the total direct costs of the issue? Assume that 97,222 shares are issued. Enter your answer as a whole number. Direct costs371666 Correct response: 371,666+1e If the share price falls by 2.5 % at the announcement of the plans to proceed with a seasoned offering, what is the dollar cost of the announcement effect to existing shareholders? Enter your answer as a whole number. Total costNumber The common stock and debt of iOS Corp. are valued at $67 million and $30 million, respectively. Investors currently require a 15% return on the common stock and a 9% return on the debt. There are no taxes. Calculate the weighted average cost of capital. Enter your answer as a percentage rounded to two decimal places. Do not include the percentage sign in your answers Enter your response below. Number