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please solve fast thanks Question 38 1 pts Northern Lights Corp. stock trades at $55 per share and there are 83 million shares outstanding. The

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please solve fast thanks

Question 38 1 pts Northern Lights Corp. stock trades at $55 per share and there are 83 million shares outstanding. The management would like to raise $187 million in an SEO. If the underwriter charges 7% of gross proceeds, and all the shares are primary shares sold to new investors, what percentage of the company will be owned by the new investors? Round to 1 decimal place. Previous

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