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Business, 14.06.2021 16:00 mophillips20202

Gravity, Inc., needs to raise $53 million to fund its expansion plans. The company will sell shares at a price of $29.00 in a general cash offer and the company's underwriters will charge a spread of 7.5 percent. How many shares need to be sold?a- 1,975,769b- 1,827,586c- 1,457,212d- 2,195,299e- 1,700,080

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Gravity, Inc., needs to raise $53 million to fund its expansion plans. The company will sell shares...
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