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Authorired and available shares Aspin Corporation's charter authorizes ance of 2.000.000 shares of common stock Cory. 1.400.000 ars wound 300.00 shares are being held rock
Authorired and available shares Aspin Corporation's charter authorizes ance of 2.000.000 shares of common stock Cory. 1.400.000 ars wound 300.00 shares are being held rock The firm withes to raise 576.000.000 for a plant expansion Disions wens westment bankars Indicate that the sale of new common to win the 500 per share a. What is the maximum number of how shares of common stock that the firm can sell without receiving further authorition from the b. Judging by the data given and your finding in parte do you think the firm will be able to raise the needed funds without receiving further storation? c. What is the form do to obtain authorization to issue more than the number of shares found in parta? a. The maximum number of new shares of common stock that the firm can well without receiving further withorization is shares (Round to the nearest whole number
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