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The Sullivan Co. needs to raise $65.6 million to finance its expansion The company will sell new shares of equity via a general cash offerin
The Sullivan Co. needs to raise $65.6 million to finance its expansion The company will sell new shares of equity via a general cash offerin needed funds. The offer price is $56 per share and the company's ui spread of 9 percent. How many shares need to be sold? (Do not rou calculations and enter your answer in shares, not millions of share nearest whole number, e.g., 1,234,567.) Number of shares offered
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