The ibbs co. needs to raise 65 million to finance its, Ask an Expert

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The IBBS Co. needs to raise $65 million to finance its expansion into new markets. The Company will sell new shares of equity via general cash offering to raise the needed funds. If the offer price is $50 per share and the company's underpreparers charge an 8 percent spread, how many shares need to be sold?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M951117

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