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A firm plans to net $25,000,000 by selling new shares of common stock through a general cash offering. The offer price will be $35 per

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A firm plans to net $25,000,000 by selling new shares of common stock through a general cash offering. The offer price will be $35 per share. The underwriter will charge an 8% spread. Answer the following: a. What price will the firm (issuer) receive per share? b. How many shares will need to be issued to raise $25,000,000? c. What is the total flotation cost

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