Question
Is going public by issuing common stocks which will sell for $21 per share. If the firm needs $350 million in capital for growth and
Is going public by issuing common stocks which will sell for $21 per share. If the firm needs $350 million in capital for growth and the flotation cost of issuing the stock is 17% of the total value of the issue, how many shares should the company issue?
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
