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Raybac is about to go public. Its present stockholders own 430,000 shares. The new public issue will represent 830,000 shares. The shares will be priced

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Raybac is about to go public. Its present stockholders own 430,000 shares. The new public issue will represent 830,000 shares. The shares will be priced at $35 to the public with a 8 spread. The out of pocket costs in addition to the spread will be $430,000. What are the net proceeds to Raybac? Multic $26.290.000 o 520000 500 Farm X needs to net $9.000.000 from the sale of common stock. Iis investment banker has informed the firm that the retail price will be 524 per share, and that X will receive 52100 per share out of pocket costs are $600.000. How many shares must be sold to achieve the desired net to the issuing form! (Round up your answer to nearest whole number) Me Choice o 45214 0 472540 c 457145

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