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Camping World needs $3.9 million to modernize its production equipment. The underwriters set the stock price at $28. a share with an underwriting spread of

Camping World needs $3.9 million to modernize its production equipment. The underwriters set the stock price at $28. a share with an underwriting spread of 7.15 percent. This would be a firm commitment underwriting. The estimated issue costs are $ 285,000. 



How many shares of stock must be sold to finance this project?

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