Caspian Sea is considering raising $$46\mathrm{.}00$ million by issuing preferred stock. They believe the market will use a discount

rate of $8\mathrm{.}82\%$ to value the preferred stock which will pay a dividend of $$2\mathrm{.}29.$ How many shares will they need to issue?

Answer format: Currency: Round to: $0$ decimal places.