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Suppose that a company's equity is currently selling for $43 per share, with 3.8 million shares outstanding. The firm also has 9000 outstanding, which are

Suppose that a company's equity is currently selling for $43 per share, with 3.8 million shares outstanding. The firm also has 9000 outstanding, which are at 93% of par. Assume the company is considering an active change to its capital structure so as to have a D/E of .3 how much would it have to sell? Enter answers in dollars not millions do not round intermediate calculations and round final answer to 2 decimal places.

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