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Question 25 1 pts Southern Ice Corp. stock trades at $75 per share and there are 71 million shares outstanding. The management would like to

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Question 25 1 pts Southern Ice Corp. stock trades at $75 per share and there are 71 million shares outstanding. The management would like to raise $617 million in an SEO. If the underwriter charges 5% 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 point. Le 10.0 for 10%

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