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The Whistling Straits Corporation needs to raise $30 million to finance its expansion into new markets. The company will sell new shares of equity via

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The Whistling Straits Corporation needs to raise $30 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 $30 per share and the company's underwriters charge a 9 percent spread, how many shares need to be sold

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