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Foster Enterprises' Stock Is Trading For $60 Per Share And There Are Currently 15 Million Shares Outstanding. It Would Like To Raise $125 Million. if
Foster Enterprises' Stock Is Trading For $60 Per Share And There Are Currently 15 Million Shares Outstanding. It Would Like To Raise $125 Million. if it's underwriter chargers 5.25% of gross proceeds how many shares must it sell?
A) 2,215,000 shares
B) 2,205,125 shares
C) 2,198,769 shares
D) 2,150,215 shares
E) 2,175,515 shares
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