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The Meadows Corporation needs to raise $ 6 6 . 2 million to finance its expansion into new markets. The company will sell new shares

The Meadows Corporation needs to raise $66.2 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $62 per share and the company's underwriters charge a spread of 8 percent. How many shares need to be sold?
Note: Do not round intermediate calculations and enter your answer in shares, not millions of shares, rounded to the nearest whole number, e.g.,1,234,567.
Number of shares offered I..................................
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