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Answered 2008-05-06 15:46:31

the whole question is the W.W. Coproration 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 $40 per share and the companys underwriters charge a/an 9% spread, ____________ shares need to be sold.

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