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Caspian Sea Drinks needs to raise $74.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $2.26

image text in transcribed Caspian Sea Drinks needs to raise $74.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $2.26 next year, which will grow at 3.28\% forever and the cost of equity to be 14.63%, then how many shares of stock must CSD sell? Answer format: Number: Round to: 0 decimal places

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