Question
Callaghan Corp. is going public via an initial public offering of equity shares. Callaghan intends to raise $215 million via issuance of shares at
Callaghan Corp. is going public via an initial public offering of equity shares. Callaghan intends to raise $215 million via issuance of shares at $52.00 per share. Direct charges for the issue are 6.15% of the issue with indirect costs amounting to 0.65%. How many shares will be floated in the initial offering? Round your answer to whole numbers (i.e., no decimals).
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
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