Business, 13.08.2019 17:10 RealGibbon857

Wear ever is expanding and needs $6.8 million to fund this growth. the company estimates it can sell new shares of stock for $43 a share. it also estimates it will cost an additional $352,000 for filing and legal fees related to the stock issue. the underwriters have agreed to a spread of 7.5 percent. how many shares of stock must be sold for the company to fund its expansion?

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Wear ever is expanding and needs $6.8 million to fund this growth. the company estimates it can sel...

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