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Gravity, Inc., needs to raise $53.5 million to fund its expansion plans. The company will sell shares at a price of $29.10 in a general
Gravity, Inc., needs to raise $53.5 million to fund its expansion plans. The company will sell shares at a price of $29.10 in a general cash offer and the company's underwriters will charge a spread of 6 percent. How many shares need to be sold? 0 2,173,154 shares 1,955,838 shares O 1,486,648 shares 1,734,423 shares O 1,838,488 shares
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