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The Meadows Corporation needs to raise $ 7 5 milkion to finance its expansiok into new markets The fompany will sell new shares of equitt

The Meadows Corporation needs to raise $75 milkion to finance its expansiok into new markets The fompany will sell new shares of equitt via a general cash offering to raise the needed funds If the offer price is $23 per share and the company's underwriters charge a spread of 7 percent, how many shares need to be sold? What are the equations to figure out the proceeds from sale and the number of shares sold based on the information above

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