Business Finance

The W W 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 off?

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05/06/2008

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.