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Business, 24.04.2020 16:44 oneicyahdaley10

The Wheat Field needs to raise $65 million to expand its operations into South America. The company will sell new shares of common stock using a general cash offering. The underwriters charge an 8.5 percent spread. How many shares of stock must be sold if the offer price is $17 a share

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The Wheat Field needs to raise $65 million to expand its operations into South America. The company...
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