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An underwriter is selling stock to the public at $40 per share with a firm commitment contract, the underwriter charges 15% spread cost on the

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An underwriter is selling stock to the public at $40 per share with a firm commitment contract, the underwriter charges 15% spread cost on the price received by the issuing company. The issuing firm receives $174 million from the underwriter, Calculate the number of shares sold to the public. Please write your answers in the space provided below. I want to see your steps for the result. Just showing the result will not be accepted. Additionally, strong similarities in the calculations will be considered as cheating

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