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After paying the investment bankers a 6% spread, a company estimates the net proceeds from its IPO to be $9,786,168. If the current share price
After paying the investment bankers a 6% spread, a company estimates the net proceeds from its IPO to be $9,786,168. If the current share price is $32 and the company has shares outstanding of 730,645, how many shares should they issue during the IPO?
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