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Universidad Interamericana de Puerto Rico Recinto de Fajardo Departamento de Administracin de Empresas Profa. Lydia E. Santiago Rosado Fina 2101 Finanza Corporativa Ejercicios - Leccin

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Universidad Interamericana de Puerto Rico Recinto de Fajardo Departamento de Administracin de Empresas Profa. Lydia E. Santiago Rosado Fina 2101 Finanza Corporativa Ejercicios - Leccin 3: M2: Proceso de emisin de acciones comunes Ejercicio E2-5 Total Proceeds E2-5 Angina Inc. has 5 million shares outstanding. The firm is considering issuing an additional 1 million shares. After selling these shares at their $20 per share offering price and netting 95% of the sale proceeds, the firm is obligated by an earlier agree ment to sell an additional 250,000 shares at 90% of the offering price. In total, how much cash will the firm net from these stock sales

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