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Shoalhaven River Boats Ltd needs to raise $7, 300, 000 to finance its expansion into new markets. The company will sell new shares of equity

Shoalhaven River Boats Ltd needs to raise $7, 300, 000 to finance its expansion into new markets. The company will sell new shares of equity via SEO to raise the needed funds. A) If the offer price is $37 per share and assume it doesn't need to pay fees to its underwriters, how many shares need to be sold? shares (Round your answer to the whole number.) B) If the offer price is $37 per share and the company's underwriters charge a 7.5 % spread, how many shares need to be sold? shares (Round your answer to the whole number.)
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Shoalhaven River Boats Ltd needs to raise $7,300,000 to finance its expansion into new markets. The company will sell new shares of equity via SEO to raise the needed funds. A) If the offer price is $37 per share and assume it doesn't need to pay fees to its underwriters, how many shares need to be sold? shares (Round your answer to the whole number.) B) If the offer price is $37 per share and the company's underwriters charge a 7.5 % spread, how many shares need to be sold? shares (Round your answer to the whole number.) Shoalhaven River Boats Ltd needs to raise $7,300,000 to finance its expansion into new markets. The company will sell new shares of equity via SEO to raise the needed funds. A) If the offer price is $37 per share and assume it doesn't need to pay fees to its underwriters, how many shares need to be sold? shares (Round your answer to the whole number.) B) If the offer price is $37 per share and the company's underwriters charge a 7.5 % spread, how many shares need to be sold? shares (Round your answer to the whole number.)

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