The zuri co needs to raise 652 million to finance its, Ask an Expert

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The Zuri Co. needs to raise $65.2 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. The offer price is $52 per share and the company’s underwriters charge a spread of 9 percent. The SEC filing fee and associated administrative expenses of the offering are $452,000.

How many shares need to be sold?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92096763

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