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Business, 28.05.2021 16:30 Nepnep682

BVIDIA Corp. needs to raise $59.5 million to fund a new project. The company will sell shares at a price of $24.20 in a general cash offer and the company's underwriters will charge a spread of 6 percent. The direct flotation costs associated with the issue are $850,000 and the indirect costs are $495,000. How many shares need to be sold?

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BVIDIA Corp. needs to raise $59.5 million to fund a new project. The company will sell shares at a p...
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