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QUESTION
re 18 percent, how large must the issue be so that the firm will net $5,800,000? If the stock sells for $85 per share, how many shares must be issued?...
If flotation costs for common stock issue are 18 percent, how large must the issue be so that the firm will net $5,800,000? If the stock sells for $85 per share, how many shares must be issued?
