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The Huang Corporation needs to raise $85 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. If the offer price is $16 per share and the company' s underwriters charge a spread of 8 percent, how many shares need to be sold?
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理解问题The Huang Corporation needs to raise $85 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. If the offer price is $16 per share and the company' s underwriters charge a spread of 8 percent, how many shares need to be sold?
已完成理解「The Huang Corporation needs to raise $85 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. If the offer price is $16 per share and the company' s underwriters charge a spread of 8 percent, how many shares need to be sold?」
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The Huang Corporation needs to raise $85 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. If the offer price is $16 per share and the company' s underwriters charge a spread of 8 percent, how many shares need to be sold?不在提醒