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Caspian Sea Drinks needs to raise $69.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.37
Caspian Sea Drinks needs to raise $69.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.37 next year, which will grow at 4.52% forever and the cost of equity to be 12.62%, then how many shares of stock must CSD sell
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