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Caspian Sea Drinks needs to raise $59.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend or $1.87

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Caspian Sea Drinks needs to raise $59.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend or $1.87 next year which will grow at 3.34% forever and the cost of equity to be 11 44%, then how many shares of stock must CSD sell? Submit Answer format: Number Round to a decimal places

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