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YVR, Inc. just announced a 10-million-share SEO(seasoned equityoffering) at $50 per share. If all of the SEO shares are primary shares and its underwriter charges

YVR, Inc. just announced a 10-million-share SEO(seasoned equityoffering) at $50 per share. If all of the SEO shares are primary shares and its underwriter charges 7%

of the grossproceeds, how much new capital will YVRraise?(Round to two decimalplaces.)

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