Caspian Sea Drinks needs to raise $33 00 million by issuing additional shares of stock If the market estimates CSD will pay a dividend of $2 45 next year, which will grow at 4 33 forever and the cost of equity to be 14 36 , then how many shares of stock must CSD sell Answer format Number Round to 0 decimal places

Question

Caspian Sea Drinks needs to raise $33 00 million by issuing additional shares of stock  If the market estimates CSD will pay a dividend of $2 45 next year, which will grow at 4 33  forever and the cost of equity to be 14 36 , then how many shares of stock must CSD sell  Answer format  Number  Round to  0 decimal places

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Question

Caspian Sea Drinks needs to raise $33.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $2.45

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