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Suppose that First Meriam decides that Marvins shares are worth only $0.85 each. The common stock and the number of shareholders are as follows: Extract
Suppose that First Meriam decides that Marvins shares are worth only $0.85 each. The common stock and the number of shareholders are as follows: Extract Common stock 1,000,000 Number of Shareholders 10 a. How many shares will Marvin need to sell to raise the additional $1.7 million?
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