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Problem 1 (20 points) The St. Anger Corporation needs to raise $66 million will sell new shares of equity via a general cash offering to

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Problem 1 (20 points) The St. Anger Corporation needs to raise $66 million will sell new shares of equity via a general cash offering to raise the ne per share and the company's underwriters charge a spre If the SEC filing fee and associated administrative expenses of the offering are a need to be sold? raise $66 million to finance its expansion into new markets. The company ffering to raise the needed funds. If the offer price is $38 writers charge a spread of 7 percent how many shares need to be sold? penses of the offering are $2.280,000, how many shares

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