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Jillian's Landscaping needs to net $5,000,000 from the sale of common stock. Its investment dealer has informed the firm that the retail price will be

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Jillian's Landscaping needs to net $5,000,000 from the sale of common stock. Its investment dealer has informed the firm that the retail price will be $15 per share. Administrative costs are $50,000 and the dealer is charging 5% flotation costs underwrite the issue. How many shares must be sold? Select one: O a. 333,333 b. 385,965 O c. 354,386 d. 350.877

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