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The Scandrick Corporation needs to raise $ 8 4 million to finance its expansion into new markets. The company will sell new shares of equity
The Scandrick Corporation needs to raise $ 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. If the offer price is $ per share and the companys underwriters charge a spread of percent, how many shares need to be sold? Do not round intermediate calculations and enter your answers in shares, not millions of shares, rounded to the nearest whole number, eg
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