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Red Oak, Inc., is planning to raise $2,258,000 in new equity through a private placement. If the sale price is $41.00 per share, how many

Red Oak, Inc., is planning to raise $2,258,000 in new equity through a private placement. If the sale price is $41.00 per share, how many shares does the company have to issue?

Round the answer to the whole number.

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